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4 points AVX makes and sells a single product Z. The selling price and marginal revenue equations for product Z are as follows: Selling price

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4 points AVX makes and sells a single product Z. The selling price and marginal revenue equations for product Z are as follows: Selling price 230 -0.025x Marginal revenue - 230 -0.05X The variable costs are E40 per unit and the fixed costs are 135.000. if the selling price was set to maximise revenue, calculate the resulting profit Please type your answer (including your workings) in the box below. Please use the arrow keys on your keyboard to scroll up and down within the text box (as using the mouse may not work) B TU ANI EU **.EE 12pt Paragraph o

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