929 evsvne 12.2 Applications of Maxima and Minima 36. Projected Profit: Smartphones (Compare Exercise 28.) o Worldwide annual sales of smartphones in 2013–2017 were old in own's ni projected at approximately q = -10p + 4,360 million phones at a selling price of $p per phone." Assuming a man- ufacturing cost of $100 per phone, what selling price would have resulted in the largest projected annual profit? What would have been the resulting annual profit? [HINT: See Example 3, and recall that Profit = a per 11 na to 3, and Revenue – Cost.] 37. Profit The demand equation for your company's virtual z de- of reality video headsets is molod 1.000

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter5: Exponential And Logarithmic Functions
Section5.2: Applications Of Exponential Functions
Problem 43E
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Worldwide annual sales of smartphones in 2013-2017 were projected at approximately q=-10p+4360 million phones at a selling price of $p per phone. Assuming a manufacturing cost of $100 per phone, what selling price would have resulted in the largest projected annual profit? What would have been the resulting annual profit? 

929
evsvne 12.2 Applications of Maxima and Minima
36. Projected Profit: Smartphones (Compare Exercise 28.)
o Worldwide annual sales of smartphones in 2013–2017 were
old in
own's
ni projected at approximately q = -10p + 4,360 million
phones at a selling price of $p per phone." Assuming a man-
ufacturing cost of $100 per phone, what selling price would
have resulted in the largest projected annual profit? What
would have been the resulting annual profit? [HINT: See
Example 3, and recall that Profit =
a per
11
na to
3, and
Revenue – Cost.]
37. Profit The demand equation for your company's virtual
z de-
of reality video headsets is
molod
1.000
Transcribed Image Text:929 evsvne 12.2 Applications of Maxima and Minima 36. Projected Profit: Smartphones (Compare Exercise 28.) o Worldwide annual sales of smartphones in 2013–2017 were old in own's ni projected at approximately q = -10p + 4,360 million phones at a selling price of $p per phone." Assuming a man- ufacturing cost of $100 per phone, what selling price would have resulted in the largest projected annual profit? What would have been the resulting annual profit? [HINT: See Example 3, and recall that Profit = a per 11 na to 3, and Revenue – Cost.] 37. Profit The demand equation for your company's virtual z de- of reality video headsets is molod 1.000
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