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Question
A manufacturer charges $70 per unit for units that cost $60 to produce. To encourage large orders from distributors, the manufacturer will reduce the price by $0.02 per unit for each unit in excess of 100 units. (For example, an order of 101 units would have a price of $69.98 per unit, and an order of 102 units would have a price of $69.96 per unit.) This price reduction is discontinued when the price per unit drops to $64. Express the price per unit as a function of the order size.A)
B)
C)
D)
E)
Answer
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