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Suppose the Sunglasses Hut Company has a profit function given by P(q) the number of thousands of pairs of sunglasses sold and produced, and P(q) is the total profit, in thousands of dollars, from selling and producing q pairs of = - 0.02q? + 3q – 28, where q is sunglasses. A) How many pairs of sunglasses should be sold to maximize profits? (If necessary, round your answer to the nearest whole number of sunglasses.) Answer: pairs of sunglasses need to be sold. B) What are the actual maximum profits? (If necessary, round your answer to nearest whole number of dollars.) Answer: dollars of maximum profits can be expected.

Suppose the Sunglasses Hut Company has a profit function given by P(q) the number of thousands of pairs of sunglasses sold and produced, and P(q) is the total profit, in thousands of dollars, from selling and producing q pairs of = - 0.02q? + 3q – 28, where q is sunglasses. A) How many pairs of sunglasses should be sold to maximize profits? (If necessary, round your answer to the nearest whole number of sunglasses.) Answer: pairs of sunglasses need to be sold. B) What are the actual maximum profits? (If necessary, round your answer to nearest whole number of dollars.) Answer: dollars of maximum profits can be expected.

Algebra for College Students
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
Problem 37CR
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Suppose the Sunglasses Hut Company has a profit function given by P(q) the number of thousands of pairs of sunglasses sold and produced, and P(q) is the total profit, in thousands of dollars, from selling and producing q pairs of = - 0.02q? + 3q – 28, where q is sunglasses. A) How many pairs of sunglasses should be sold to maximize profits? (If necessary, round your answer to the nearest whole number of sunglasses.) Answer: pairs of sunglasses need to be sold. B) What are the actual maximum profits? (If necessary, round your answer to nearest whole number of dollars.) Answer: dollars of maximum profits can be expected.
Transcribed Image Text:Suppose the Sunglasses Hut Company has a profit function given by P(q) the number of thousands of pairs of sunglasses sold and produced, and P(q) is the total profit, in thousands of dollars, from selling and producing q pairs of = - 0.02q? + 3q – 28, where q is sunglasses. A) How many pairs of sunglasses should be sold to maximize profits? (If necessary, round your answer to the nearest whole number of sunglasses.) Answer: pairs of sunglasses need to be sold. B) What are the actual maximum profits? (If necessary, round your answer to nearest whole number of dollars.) Answer: dollars of maximum profits can be expected.
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