Question: (a) Write the profit function for Problem 20. In problem 20, A manufacturer sells watches for $50 per unit. The fixed cost related to this
In problem 20,
A manufacturer sells watches for $50 per unit. The fixed cost related to this product are $10,000 per month, and the variable cost per unit is $30.
(b) Set profit equal to zero and solve for x. Compare this x-value with the break-even point from Problem 20(b)?
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