Week 2b - Section 1 4 Function Modeling: Problem 7 Previous Problem List Next (2 points) Suppose that a company has fixed costs of 400 dollars and variable costs of 0.8x + 1410 dollars per unit, where x is the number of units produced. Suppose further that the selling price of its product is 1600 - 0.25x dollars per unit. In each part, assume that the number of units produced/sold must be a whole number and round to the nearest one. (a) Find the break-even points. The larger number of units at which break-even occurs is with corresponding revenue dollars. and The smaller number of units at which break-even occurs is 2 with corresponding revenue dollars. (b) Find the maximum revenue. (c) What price will maximize profit? (Recall that profit is the difference between revenue and cost) Note: You can earn partial credit on this problem. Preview My Answers Submit Answers You have attempted this problem 8 times. Your overall recorded score is 17%