Given cost and price (demand) functions C(q) = 150q + 47,100 and p(q) = -2q +890, What price must the company set in order to sell 50 items? The price must be $ (Round answer to nearest whole dollar amount.)

College Algebra
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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,...
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Given cost and price (demand) functions C(q) = 150q + 47,100 and p(q) = 2q +890, What price must the company set in order to sell 50 items?
The price must be $
(Round answer to nearest whole dollar amount.)
Transcribed Image Text:Given cost and price (demand) functions C(q) = 150q + 47,100 and p(q) = 2q +890, What price must the company set in order to sell 50 items? The price must be $ (Round answer to nearest whole dollar amount.)
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