A company produces circuit boards that are used to update computer equipment. The fixed cost is $65,000 per month and the variable cost is $80 per circuit board. The selling price per unit is p=$225-1.5D. Maximum output of the plant is 5,000 units per month. What demand will maximize the profit for this product?
Tuesday, September 20, 2022
A company produces circuit boards that are used to update computer equipment. The fixed cost is $65,000 per month and the variable cost is $80 per circuit board. The selling price per unit is p=$225-1.5D. Maximum output of the plant is 5,000 units per month. What demand will maximize the profit for this product?
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