Given cost and price (demand) functions C(q) = 110g + 41,000 and p(g) = - 2g + 870, how many items must be sold to earn maximum profit? Need to sell items. (Round answer to nearest item)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.3: Rates Of Change And Behavior Of Graphs
Problem 4SE: How does the graph of the absolute value function compare to the graph of the quadratic function,...
icon
Related questions
Question
Given cost and price (demand) functions C(q) = 110q + 41,000 and p(g) = - 2q + 870, how many items must be sold to earn maximum profit?
Need to sell
items.
(Round answer to nearest item)
Transcribed Image Text:Given cost and price (demand) functions C(q) = 110q + 41,000 and p(g) = - 2q + 870, how many items must be sold to earn maximum profit? Need to sell items. (Round answer to nearest item)
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning