Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The demand equation for your company's virtual reality video headsets is R(x)=2500/x^0.5 where q is the total number of headsets that your company can sell

The demand equation for your company's virtual reality video headsets is R(x)=2500/x^0.5 where q is the total number of headsets that your company can sell in a week at a price of x dollars. The total manufacturing and shipping cost amounts to $85 per headset.

A. What is the greatest profit your company can make in a week? (Round your answer to two decimal places). The greatest profit is $_ _

B. How many headsets will your company sell at this level of profit? (Round your answer to two decimal places). x=_ _ headsets.

C. How much, should your company charge per headset for the maximum profit? (Round your answer to two decimal places). The company should charge $_ _

q its x. I forget to change q. thank you

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Guide To Auditing Programmes And Projects

Authors: Andrew Schuster, APM Assurance SIG

1st Edition

191330521X, 978-1913305215

More Books

Students also viewed these Accounting questions

Question

What is hydrothermal alteration?

Answered: 1 week ago

Question

=+221 .1 Answered: 1 week ago

Answered: 1 week ago

Question

4. What are the current trends in computer software platforms?

Answered: 1 week ago