AM Car Company wants to manufacture a new car known as Model…

AM Car Company wants to manufacture a new car known as Model X, and it is trying to determine how many cars it needs to sell in order to make an annual profit of $30,500,000. The annual fixed costs for Model X total $50,200,000. In addition, each Model X car has an average cost of $5,000 per vehicle to manufacture. If the Company forecasts it will sell 20,000 Model X cars this year, at what price must the Company sell the car to achieve the desired annual profit?

AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · train #32484