Multiple Choice
Suppose a company has fixed costs of $27,000 and variable costs of dollars per unit, where x is the total number of units produced. Suppose further that the selling price of its product is
dollars per unit. Find the maximum revenue. Round your answer to the nearest cent.
A) Maximum revenue is $1,026.70.
B) Maximum revenue is $27,000.00.
C) Maximum revenue is $26,862.50.
D) Maximum revenue is $677,343.75.
E) Maximum revenue is $612.50.
Correct Answer:
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