Question: Given the following information regarding a production and distribution system. The total fixed costs are equal to 15100 dollars. The variable cost per unit of

Given the following information regarding a
Given the following information regarding a production and distribution system. The total fixed costs are equal to 15100 dollars. The variable cost per unit of product is equal to 210 dollars. The linear demand curve intercept the price axis at 1870 dollars. The slope of the linear demand curve is 17. 1. At around what quantity of sales is the revenue maximized? The potential answers are: A: 160 units. B: 60 units. C: 85 units. D: 65 units. E. 55 units. 2. At around what quantity of sales do you have the first break-even point (from loss to profit)? The potential answers are: A: 22 units. B: 10 units. C. 23 units. D: 14 units. E. 21 units

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!