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(9 points) A company finds that their total production costs for a certain item are modeled by C() = 17+ 1.5 In(4x + 1) hundred

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(9 points) A company finds that their total production costs for a certain item are modeled by C() = 17+ 1.5 In(4x + 1) hundred dollars, where x is the number of cases of the item that are produced (a) The fixed cost of this production is S 1700 When 30 cases of the item are produced, the total production cost is $ fround to the nearest whole dollar). This means that when 30 cases are produced the average cost is $ per case (round to the nearest cent). cases (round to (b) if the total cost of a production run is about $2500 then we expect the production level will be at nearest whole number). (c) Suppose that cases of the items are sold at a price of $64.69 for each case. When 61 cases are produced and sold, the revenue will be and the company's profit will be $ $

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