I have no idea what to do.
(a) Use the formula to determine the two break-even points for this manufacturer. Assume here that the manufacturer produces the widgets in blocks of 50, so a table setup showing N in multiples of 50 is appropriate.
____widgets/mo (smaller value)
____widgets/mo (larger value)
(b) Use the formula to determine the production level at which profit is maximized if the manufacturer can produce at most 1500 widgets in a month. As in part (a), assume that the manufacturer produces the widgets in blocks of 50.
This one got me stumped. When I put it in, I get a straight line going to infinity... I was expecting a parabola because it mentioned two break even points. I must be missing something important here.