D = 16000 - 12P D = annual demand o a product in units P = selling price in doll
ID: 3389479 • Letter: D
Question
D = 16000 - 12PD = annual demand o a product in units P = selling price in dollars per unit
P must be between $800 per unit and $980 per unit Unit variable cost C is $550 per unit and he fixed cost is $700,000 per year
Derive the mathematical expression for the yearly profit as a nonlinear function of P. You must show your steps D = 16000 - 12P
D = annual demand o a product in units P = selling price in dollars per unit
P must be between $800 per unit and $980 per unit Unit variable cost C is $550 per unit and he fixed cost is $700,000 per year
Derive the mathematical expression for the yearly profit as a nonlinear function of P. You must show your steps
D = annual demand o a product in units P = selling price in dollars per unit
P must be between $800 per unit and $980 per unit Unit variable cost C is $550 per unit and he fixed cost is $700,000 per year
Derive the mathematical expression for the yearly profit as a nonlinear function of P. You must show your steps
Explanation / Answer
D = 16000 - 12P D = annual demand o a product in units P = selling price in doll
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