The demand equation for your company's virtual reality video headsets is p = 1,500 , where q is the total number of headsets that your company can sell in a week at a price of p dollars. The total manufacturing and shipping cost amounts to $120 per headset. (a) What is the greatest profit your company can make in a week? (Give your answer to the nearest whole number.) How many headsets will your company sell at this level of profit? (Give your answer to the nearest whole number.) q = headsets (b) How much, to the nearest $1, should your company charge per headset for the maximum profit? p = $

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.CM: Cumulative Review Problem Set
Problem 114CM
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Topic Video
Question
1,500
where q is the total number of headsets that your company can sell in a week at a price of p dollars.
The demand equation for your company's virtual reality video headsets is p =
q0.3
The total manufacturing and shipping cost amounts to $120 per headset.
(a) What is the greatest profit your company can make in a week? (Give your answer to the nearest whole number.)
How many headsets will your company sell at this level of profit? (Give your answer to the nearest whole number.)
q =
headsets
(b) How much, to the nearest $1, should your company charge per headset for the maximum profit?
p = $
Transcribed Image Text:1,500 where q is the total number of headsets that your company can sell in a week at a price of p dollars. The demand equation for your company's virtual reality video headsets is p = q0.3 The total manufacturing and shipping cost amounts to $120 per headset. (a) What is the greatest profit your company can make in a week? (Give your answer to the nearest whole number.) How many headsets will your company sell at this level of profit? (Give your answer to the nearest whole number.) q = headsets (b) How much, to the nearest $1, should your company charge per headset for the maximum profit? p = $
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