Your Latest CD - ROM Drive Is Expected to Sell $q = 190,000 - p ^ { 2 }$

question 25

Short Answer

Your latest CD - ROM drive is expected to sell between
$q = 190,000 - p ^ { 2 }$ and $q = 210,000 - p ^ { 2 }$
units if priced at p. You plan to set the price between $200 and $300. What are the maximum and minimum possible revenues you can make What is the average of all the possible revenues you can make

Please enter your answer as three numbers, separated by commas.

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Definitions:

Break-even Point

The point at which total revenue equals total costs, and no profit is earned or lost, often used to determine the feasibility of a business venture or product.

Unit Variable Expenses

Costs that vary directly with the production volume, calculated on a per-unit basis.

Fixed Expenses

Costs that do not vary with the level of production or sales, such as rent, salaries, or utilities.

Profit

The financial gain achieved when the revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain those activities.