Business Math 160

If possible please complete with work using supply and demand equations.

Slice-and-Dice Incorporated sells heavy duty paper shredders for industrial use. The market research team has determined that if they set their price at $1000 they should expect to sell 1,230 shredders annually, whereas if the set the price at $1500 then they should expect to sell 850 shredders. The manufacturing department has reported that they have fixed annual operating costs of $130,000 and it costs an additional 8520 to produce each machine. Determine the number of shredders that should be produced annually in order to maximize profits for Slice-and-Dice Incorporated. What price should the shredders be sold for at this production level? What will be the total cost, revenue, and profit? Clear work supporting your responses must be provided in order to receive full credit. If technology is used at any point, a clear explanation or what was used and how it was used must be provided. Final roponses should be neat and clear, and submitted to Canvas as a pof. Slice-and-Dice Incorporated sells heavy duty paper shredders for industrial use. The market research team has determined that if they set their price at $1000 they should expect to sell 1,230 shredders annually, whereas if the set the price at $1500 then they should expect to sell 850 shredders. The manufacturing department has reported that they have fixed annual operating costs of $130,000 and it costs an additional 8520 to produce each machine. Determine the number of shredders that should be produced annually in order to maximize profits for Slice-and-Dice Incorporated. What price should the shredders be sold for at this production level? What will be the total cost, revenue, and profit? Clear work supporting your responses must be provided in order to receive full credit. If technology is used at any point, a clear explanation or what was used and how it was used must be provided. Final roponses should be neat and clear, and submitted to Canvas as a pof