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Video Assignment 2.3 Progress saved Done Score: 0/50 1/5 answered & Voc . .. Question 5 Video Assignment 2.3 Score: 0/50 1 / 5 answered

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Video Assignment 2.3 Progress saved Done Score: 0/50 1/5 answered & Voc . .. Question 5

Video Assignment 2.3 Score: 0/50 1 / 5 answered Progress saved Done O Question 5 0/10 pts 0 5 Plus stver Edition 080 ooo ooo- 99 Details evenue, Cost and P ofi m nd clarotalfReue ue of eman and D(q) isth price r item, in dolla odu on (or this ite are $5, 00 and riabl it msare roduce 9per item nd fol u Let the demand function for a product be given by the function D(q) 1.6q + 270, where q is the quantity of items in demand and D(q) is the price per item, in dollars, that can be charged when q units are sold. Suppose fixed costs of production for this item are $4, 000 and variable costs are $3 per item produced. If 129 items are produced and sold, find the following: A) The total revenue from selling 129 items (to the nearest penny). Answer: S B) The total costs to produce 129 items (to the nearest penny). Answer: S C) The total profits to produce 129 items (to the nearest penny. Profits may or may not be negative.). Answer: S

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