Business, 06.09.2021 18:50 chelsiem25

Executives of a bread company decide to add a new line of whole wheat bread. Research indicates that consumers will buy about 600 loaves at $1.95 a loaf and 1,100 at $1.60 a loaf. The company can supply 460 loaves at $1.65 per loaf and 1,260 loaves at $1.92 per loaf. Furthermore, the baking staff reports that it costs $280 for 850 loaves and $555 for 2,200 loaves. Let the input be p, price per loaf, and the output be q, number of loaves (a) What is the demand equation, D(P)? (Round all numerical values to two decimal places.) D(p)-| 500p + 100 X (b) What is the supply equation, S(p)? (Round all numerical values to two decimal places.) S(p) 0.0003+1.4948x (c) Find the market equilibrium price and quantity. (Round your answers to two decimal places) market equilibrium price market equilibrium quantity875.40X $1.76 loaves (d) What is the cost equation, C()? (Round all numerical values to two decimal places.) C(a)0.2037q 106.85 (e) what is the cost equation, C(p)? (Round all numerical values to two decimal places.) C(p)0.2037p 106.85 x (f) What is the revenue equation, R(p)? (Round all numerical values to two decimal places.) Rp)-0.0007p2+2.37px (g) What is the profit equation P(p)?(Round all numerical values to two decimal places.) P(p)0.0007p 2.166p - 106.85X (h) Find the break-even price(s) only, not the quantities. (Enter your answers as a comma-separated list. Round your answers to two decimal places.) dollars

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Executives of a bread company decide to add a new line of whole wheat bread. Research indicates that...

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