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Maxime Ltd. has established their products selling price as P=$24 0.2x, where X represents the number of units sold. They also estimate their variable costs
Maxime Ltd. has established their products selling price as P=$24 \"0.2x, where X represents the number of units sold. They also estimate their variable costs to be $2 per unit plus fixed cost of $300. At this breakeven level what price per unit will their product sell? 0 Sub X=15.95 into the price function to get the unit selling price. P= 24-0.2x =24-0.2(15.95] =24-3.19 =20.81. Or sub X=94.05 to get 24 - 0.2[94.05) = 24 - 18.81 = 5.19 0 Sub X=17'.54 into the price function to get the unit selling price. P= 24n0.2x =24-0.2(17.54] =24-3.51 =20.49. Or sub X=90.5 to get 24 + 0.2{90.5) = 24 - 18.1 = 5.90 0 Sub X=18.90 into the price function to get the unit selling price. P= 24n0.2x =24-0.2(18.9} =24-3.78 =20.22. Or sub X=104.00 to get 24 - 0.2(104.00] = 24 - 20.8 = 3.2 0 Sub X=19.95 into the price function to get the unit selling price. P= 24n0.2x =24-0.2(19.95} =24-3.99 =20.01. Or sub X=97.05 to get 24 - 0.2(9?.05] = 24 - 19.41 = 4.59
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