Question: My Apps Dashboard X Homework 3.7 X vertical - Google SEX stjohns.instructure.com/courses/61572/assignments/438619?... Gmail YouTube Maps Homework 2.5 Homework 3.7 Progress saved Done . . .


My Apps Dashboard X Homework 3.7 X vertical - Google SEX stjohns.instructure.com/courses/61572/assignments/438619?... Gmail YouTube Maps Homework 2.5 Homework 3.7 Progress saved Done . . . Score: 3.16/6 4/6 answered Question 1 0/1 pt 9 2 99 0 Details Let the demand function for a product be given by the function D(q) = - 1.8q + 240, where q is the quantity of items in demand and D(q) 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 $3, 000 and variable costs are $4 per item produced. If 30 items are produced and sold, find the following A) The total revenue from selling 30 items (to the nearest penny) Answer: $ B) The total costs to produce 30 items (to the nearest penny). Answer: $ C) The total profits to produce 30 items (to the nearest penny. Profits may or may not be negative.). Answer: $ Question Help: Video Submit
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
