counter = 1;
Materials = 62;
Energy = 24;
Labor = 16;
fixedCosts = 2.045;
for P = 0 : 0.01 : 6
Q(counter) = (6 - 1.1 * P) * 1000000;
totalCosts(counter) = 2.045e6 + ...
(Materials/100) * Q(counter) + ...
(Energy / 100) * Q(counter) + ...
(Labor / 100) * Q(counter);
totalRevenue(counter) = (fill in the blank);
totalProfit(counter) = (fill in the blank);
counter = counter + 1;
end
P = 0 : 0.01 : 6;
subplot(2, 1, 1);
plot(P, Q, 'b-', 'LineWidth', 2);
xlabel('Selling Price', 'FontSize', 16);
ylabel('Gallons Sold', 'FontSize', 16);
grid on;
yline(0, 'LineWidth', 2);
subplot(2, 1, 2);
plot(P, totalCosts, 'r-', 'LineWidth', 2);
hold on;
grid on;
plot(P, totalRevenue, 'b-', 'LineWidth', 2);
plot(P, totalProfit, 'g-', 'LineWidth', 2);
xlabel('Selling Price', 'FontSize', 16);
ylabel('$', 'FontSize', 16);
yline(0, 'LineWidth', 2);
legend('totalCosts', 'totalRevenue', 'totalProfit', 'x axis');
[maxProfit, indexOfMax] = max((fill in the blank))
maxQuantity = (fill in the blank)
Best Answer