960 - 4. p-120 a. What is the price that results in a loss of all sales? b. What is the revenue function when setting th

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960 4 P 120 A What Is The Price That Results In A Loss Of All Sales B What Is The Revenue Function When Setting Th 1 (100.77 KiB) Viewed 49 times

960 - 4. p-120 a. What is the price that results in a loss of all sales? b. What is the revenue function when setting the price at p? c. If it costs $33.60 to make the product and there is a fixed cost of 20, what is the cost function for making all items that can be sold for price p? d. What is the profit function for producing and selling the items at a price of p? e. What price will maximize the profit and what is the profit*? *This number will seem unusually small because I factored out 1000 to keep the numbers manageable. Think of this as $1000s. 1. A product has a sales function of S(p) =