The Acme Widget Company has found that if widgets are priced at s 389, then 1000 will be sold. They have also found that for every increase of $ 10, there will be 600 fewer widgets sold. The marginal cost of widgets is $ 97.25. The fixed costs for the Acme Widget Company are $ 8000. lf x represents the price of a widget find the following in terms of x The number of widgets that will be sold: The revenue generated by the sale of widgets: The cost of producing just enough widgets to meet demand: The proft from selling widgets: Find the price that will maximize profits from the sale of widgets:
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Home » Business » The Acme Widget Company has found that if widgets are priced at s 389, then 1000 will be sold. They have also found that for every increase of $ 10, there will be 600 fewer widgets sold. The marginal cost of widgets is $ 97.25.