Suppose the Sunglasses Hut Company has a profit function given by P(q) = - 0.02q?+ 5q - 40 ,where 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) How many pairs of sunglasses (in thousands) should be sold to maximize profits? (If necessary, your answer to three decimal places.) round Answer: thousand pairs of sunglasses need to be sold. B) 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. Submit Question
Suppose the Sunglasses Hut Company has a profit function given by P(q) = - 0.02q?+ 5q - 40 ,where 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) How many pairs of sunglasses (in thousands) should be sold to maximize profits? (If necessary, your answer to three decimal places.) round Answer: thousand pairs of sunglasses need to be sold. B) 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. Submit Question
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:Suppose the Sunglasses Hut Company has a profit function given by P(q) = – 0.02q² + 5q – 40
,where q is the number of thousands of pairs of sunglasses sold and produced, and P(g) is the
total profit, in thousands of dollars, from selling and producing q pairs of sunglasses.
A) How many pairs of sunglasses (in thousands) should be sold to maximize profits? (If necessary,
your answer to three decimal places.)
round
Answer:
thousand pairs of sunglasses need to be sold.
B) 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.
Submit Question
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