Assuming it costs $20 to produce each blender, complete the following chart and calculate the revenue. Fill in the empty rows with data obtained for the number of blenders that yield maximum profit and a profit of zero. (Inced help in this -) Sechon Number of Production Cost Shipping Cost Profit (dollars) Blenders (dollars) (dollars) (dollars) 10 200 38 -1314.30 30 Revenue 60 100 B. Do the revenue amounts make sense? If not, what could possibly be a reason? What other factors could be influencing the profit? In 3-5 sentences elaborate on your findings Based on your market research, how many blenders would you propose to the firm that they make? Give your reasoning in at least 1 well developed paragraph. In your suggestions make sure you discuss at least two options that the firm can consider. • Include information about the type of area in which you are looking to market this product: a small town, a large mall, online retailer? Make sure to keep in mind that you have to pay for the production of all these blenders and make a reasonable profit
