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

Name: Suppose the Sunglasses Hut Company has a profit function given by P(q
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Description: 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 thetotal profit, in thousands of dollars, from selling and producing

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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Question

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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