Amya04
Answered

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Let the demand function for a product be given by the function D(g) -1.6q+ 270, where q is the
quantity of items in demand and D(g) is the price per item, in dollars, that can be charged when q units,
are sold. Suppose fixed costs of production for this item are $4,000 and variable costs are $7 per item
produced. If 91 items are produced and sold, find the following:

A) The total revenue from selling 91 items (to the nearest penny).
Answer:

B) The total costs to produce 91 items (to the nearest penny).
Answer:

C) The total profits to produce 91 items (to the nearest penny. Profits may or may not be negative.).
Answer:

Sagot :

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