- 0.01q? + 6q –- 25, where Suppose the Sunglasses Hut Company has a profit function given by P(q) = q is 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 sunglasses. A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer.) Answer: MP(q) B) How many pairs of sunglasses (in thousands) should be sold to maximize profits? (If necessary, round your answer to three decimal places.) Answer: thousand pairs of sunglasses need to be sold. C) What are the actual maximum profits (in thousands) that can be expected? (If necessary, round your answer to three decimal places.) Answer: thousand dollars of maximum profits can be expected.

- 0.01q? + 6q –- 25, where Suppose the Sunglasses Hut Company has a profit function given by P(q) = q is 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 sunglasses. A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer.) Answer: MP(q) B) How many pairs of sunglasses (in thousands) should be sold to maximize profits? (If necessary, round your answer to three decimal places.) Answer: thousand pairs of sunglasses need to be sold. C) What are the actual maximum profits (in thousands) that can be expected? (If necessary, round your answer to three decimal places.) Answer: thousand dollars of maximum profits can be expected.

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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Question

100%

- 0.01q² + 6q -
Suppose the Sunglasses Hut Company has a profit function given by P(q)
q is 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 sunglasses.
25, where
A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your
answer.)
Answer: MP(q)
B) How many pairs of sunglasses (in thousands) should be sold to maximize profits? (If necessary, round your
answer to three decimal places.)
Answer:
thousand pairs of sunglasses need to be sold.
C) What are the actual maximum profits (in thousands) that can be expected? (If necessary, round
answer to three decimal places.)
your
Answer:
thousand dollars of maximum profits can be expected.

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