Suppose that a company has fixed costs of 300 dollars and variable costs of 0.75x+1430 dollars per unit, where x is the number of units produced. Suppose further that the selling price of its product is 1600-0.3x dollars per unit. In each part, assume that the number of units produced/sold must be a whole number and round to the nearest one. What is the selling price of the product when 100 units are produced?
1) $1,000
2) $1,100
3) $1,200
4) $1,300
