A Manufacturer sells a product at $8.70 per unit, selling all produced. The fixed cost is $2150 and the variable cost is $7.00 per unit.
what is the level of production will there be a loss of $1200?
Thanks
Wouldn't $\displaystyle R(x) = 8.70x$? Since the way you've written it R(x) is constant and does not depend on x! Although I suspect that's a typo since it's correct later on
You have p(x) correct but you need to set it equal to -1200 instead of 1200 since the question refers to a loss and p(x) is a function of profit per unit (and a loss = negative gain)