Given cost and price (demand) functions C(q) = 150q+46,400 and p(q) = -2.4q+880, if the company sets the price of the item to be $650, how many can it expect to sell? It can expect to sell items. (Round answer to nearest integer.)

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
100%
Help
Given cost and price (demand) functions C(q) = 150q+46,400 and p(q) = -2.4q+880, if the company sets the price of the item to be $650, how many can it expect to
sell?
It can expect to sell items.
(Round answer to nearest integer.)
Transcribed Image Text:Given cost and price (demand) functions C(q) = 150q+46,400 and p(q) = -2.4q+880, if the company sets the price of the item to be $650, how many can it expect to sell? It can expect to sell items. (Round answer to nearest integer.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning