Worldwide annual sales of a device in 2012-2013 were approximately q = -6p + 3,000 million units at a selling price of $p per unit. Assuming a manufacturing cost of $60 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 Need Help? Read It

Worldwide annual sales of a device in 2012-2013 were approximately q = -6p + 3,000 million units at a selling price of $p per unit. Assuming a manufacturing cost of $60 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 Need Help? Read It

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

Worldwide annual sales of a device in 2012-2013 were approximately q = -6p + 3,000 million units at a selling price of $p per unit. Assuming a manufacturing cost of
$60 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 = S
What would have been the resulting annual profit? (Round your answer to the nearest whole number.)
$
million
Need Help?
Read It

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