Question
In: Math
The demand equation for your company's virtual reality video headsets is p=1000/q^.3 where q is the...
The demand equation for your company's virtual reality video headsets is
p=1000/q^.3
where q is the total number of headsets that your
company can sell in a week at a price of p dollars. The
total manufacturing and shipping cost amounts to $140 per
headset.
(a) What is the greatest profit your company can make in a week?
(Give your answer to the nearest whole number.)
How many headsets will your company sell at this level of profit? (Give your answer to the nearest whole number.)
(b) How much, to the nearest $1, should your company charge per
headset for the maximum profit?
Solutions
milcah answered 2 years agoRelated Solutions
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E =
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1. Suppose that the market demand is described by P = A – B(Q+q) where P...
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