Profit Because of sales by a competing company, your company’s sales of virtual reality video headsets have dropped, and your financial consultant revises the demand equation to
a. What is the greatest profit your company can make in a week, and how many headsets will your company sell at this level of profit? (Give answers to the nearest whole number.) b. How much, to the nearest $1, should your company charge per headset for the maximum profit?
Trending nowThis is a popular solution!
Chapter 5 Solutions
Applied Calculus
- A car was valued at 38,000 in the year 2007. By 2013, the value had depreciated to 11,000 If the car’s valuecontinues to drop by the same percentage, what willit be worth by 2017 ?arrow_forwardOn the first part of a 350-kilometer trip, a salesperson travels 2 hours and 15 minutes at an average speed of 100 kilometers per hour. The salesperson needs to arrive at the destination in another hour and 20 minutes. Find the average speed required for the remainder of the trip.arrow_forwardAn airplane flies from Naples, Italy, in a straight line to Rome, Italy, which is 120 kilometers north and 150 kilometers west of Naples. How far does the plane fly?arrow_forward
- | + 3. (5.7.12) On June 2, 2010 USA Today reported a story from Bloomberg News that said that the total price tag for the project to build the new F-35 Joint Strike Fighter would be 65% higher than the original $232 billion estimate. The cost now is estimated to be $382 billion. The total cost of each plane would be $112.4 million, up 81% from the original $62 million. The cost to produce each plane would be $92.4 million, about 85% higher than the original estimate of $50 million. a. Check the arithmetic to see that the three percentage increases reported are correct. b. Can you explain how the project cost can have increased by just 65% when the overall total per plane increased by 81% and the construction cost alone increased by almost 85%? 4. (5.7.3) Check that your own GPA from last semester has been computed correctly using the rules in effect at YSU. If you are in your first semester and don't yet have a GPA, imagine the grades you expect at the end of this semester and figure…arrow_forwardIn 2010, a patient paid $700 per day for a semiprivate hospital room and $1900 for an appendectomy operation. Express the total amount paid for an appendectomy as a function of the number of days of hospital confinement.arrow_forwardplease see attached photo. thank you!arrow_forward
- Ezra has a base salary of $25,000 and earns 65% commission on vacuum cleaners. This means that for each vacuum cleaner he sells, he earns an additional amount that equals 65% of the price of the vacuum cleaner. To answer the following questions, use a model where S is Ezra’s total salary and v is the total dollar amount of his vacuum cleaner sales. What is the dollar amount of sales in vacuum cleaners Ezra will need to make in a year if he wants to earn $35,000? Round to the nearest cent.arrow_forwardTwo companies report a 15% gain in online sales over the last year. Suppose Company Q had 25 online sales and Company Z had 150 online sales last year. Sam says that they have the same growth while Anna says that they do not. Who is correct? Justify your answer using absolute change and percent change.arrow_forward4B) The value of a car that cost $5000 new decreases by 15% every year. Write an equation for the value of the car. Use the equation and a graphing calculator to find the car's value for the first 3 years.arrow_forward
- Algebra for College StudentsAlgebraISBN:9781285195780Author:Jerome E. Kaufmann, Karen L. SchwittersPublisher:Cengage LearningCollege Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage Learning
- Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal LittellGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill