**Unformatted text preview: **2 c) Determine the number of vacant apartments that will maximize revenue. 35 vacant apartments d) Determine the number of apartments that will maximize revenue. 45 apartments e) Determine the maximum revenue. $40,500 6. An item sells for $50 per unit. It costs $4 per unit to produce plus a fixed cost of $500. a) Determine the Revenue Function. R(x) = 50x b) Determine the Cost Function. C(x) = 4x + 500 c) Determine the Break-Even Point. (250/23,12500/23) d) Graph the Revenue and Cost Functions. e) Label Profit and Loss on the graph. f) Determine the Profit Function. P(x) = 46x - 500 7. Given: ?() = 2 + 5000 and ?() = 10 − 2 1000 a) Determine the Break-Even Point(s). (683,6367) and (7317, 19633) values in points are approximate b) Graph the Revenue and Cost Functions c) Label Profit and Loss on the graph. b) Determine the Profit Function. () = (− 2 1000 ) + 8 − 5000 c) Determine the number of units that will maximize profit. 4000 units d) Determine the maximum profit. $11,000...

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- Fall '19