Worldwide annual sales of a device in 2012–2013 were approximately q = −6p + 3,010 million units at a selling price of $p per unit. Assuming a manufacturing cost of $50 per unit, what selling price would have resulted in the largest annual profit? HINT [See Example 3, and recall that Profit = Revenue − Cost.] (Round your answer to two decimal places.) p = $ What would have been the resulting annual profit? (Round your answer to the nearest whole number.) $ millio

Worldwide annual sales of a device in 2012–2013 were approximately q = −6p + 3,010 million units at a selling price of $p per unit. Assuming a manufacturing cost of $50 per unit, what selling price would have resulted in the largest annual profit? HINT [See Example 3, and recall that Profit = Revenue − Cost.] (Round your answer to two decimal places.) p = $ What would have been the resulting annual profit? (Round your answer to the nearest whole number.) $ millio

Trigonometry (MindTap Course List)

10th Edition

ISBN:9781337278461

Author:Ron Larson

Publisher:Ron Larson

Chapter4: Complex Numbers

Section4.2: Complex Solutions Of Equations

Problem 80E: Physiology Doctors treated a patient at an emergency room from 2:00P.M.to7:00P.M.. The patient’s...

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Question

Worldwide annual sales of a device in 2012–2013 were approximately

q = −6p + 3,010

million units at a selling price of $p per unit. Assuming a manufacturing cost of $50 per unit, what selling price would have resulted in the largest annual profit? HINT [See Example 3, and recall that Profit = Revenue − Cost.] (Round your answer to two decimal places.)

p = $

What would have been the resulting annual profit? (Round your answer to the nearest whole number.)

$ million

Expert Solution