A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for the production of this new toilet line is $16,600 and the variable costs are $ 68 per toilet. The company expects to sell the toilets for $ 153. Formulate a function P(x) for the total profit from the production and sale of x toilets.

How many toilets need to be sold to break even?

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.