Suppose a Company Has Fixed Costs of $27,000 and Variable

question 28

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.

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