(3) The demand function for a tablet is given by the model p= 200-16x where p is measured in dollars per tablet and x is measured in millions of tablets. If it costs $50 to produce each tablet and a profit of $125 million was derive when 2.5 million tablets were produced. Derive the number of tablets that the company could sell to make the same amount of profit?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
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(3) The demand function for a tablet is given by the model p=200-16x where p is measured
in dollars
and a profit of $125 million was derive when 2.5 million tablets were produced. Derive the
number of tablets that the company could sell to make the same amount of profit?
per
tablet and x is measured in millions of tablets. If it costs $50 to produce each tablet
Transcribed Image Text:(3) The demand function for a tablet is given by the model p=200-16x where p is measured in dollars and a profit of $125 million was derive when 2.5 million tablets were produced. Derive the number of tablets that the company could sell to make the same amount of profit? per tablet and x is measured in millions of tablets. If it costs $50 to produce each tablet
(b) The demand curve for a swivel chair is given by p= 4000(3) dollars per swivel chair,
where p is the price and q is the quantity, in thousands of swivel chair, demanded at that price.
What quantity will be demanded if the price per swivel chair is $256.60?
%3D
Transcribed Image Text:(b) The demand curve for a swivel chair is given by p= 4000(3) dollars per swivel chair, where p is the price and q is the quantity, in thousands of swivel chair, demanded at that price. What quantity will be demanded if the price per swivel chair is $256.60? %3D
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