Rhonda, A costume Jewelry manufacturer has a fixed operating cost of $450,000 Her variable cost is $2.75/unit. If she sells the jewelry at $5/unit, she is able to sell 200,000 of them. But at this price, she loses money If she raises the price, the number of units she is able to sell progressively decreases. At $10/unit, she is only able to sell 100,000 units. Assume the relationship is linear, and build your model in $0.50 /unit increments. 1. At what selling price does Rhonda maximize her revenue? 2. And what is her profit at that price? 3. At what selling price does Rhonda maximize her profit? 4. What is her revenue at that price