Net profit is equal to total revenue minus total cost

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A company makes a product and it is interested in how many units per year (Q) it should produce. Its production cost is $10 per unit. The marketing department has determined that the selling price per unit would be equal to $110 minus $0.10 per unit sold. Net Profit (NP) is equal to Total Revenue minus Total Cost, What is the equation that relates Net Profit (NP) to units produced per year (Q)? What is Q for the Maximum Revenue? What is Q for Maximum Profit? What is Q at the Breakeven Point?

Reference no: EM131241483

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