Answer:
the answer is B, 500 per week and 12 in tips for a total equal to or greater than 800 dollers
300,000
the hundred thousands place is "2" and 28 is closer to 30
Answer:
(A) 100 (in thousands)
(B) 180 (in thousand dollars)
Step-by-step explanation:
Given:
profit function as P(q) = -0.02q² + 4q - 20
where,
q is the number of thousands of pairs of sunglasses sold and produced,
P(q) is the total profit in thousands of dollars
To find the point of maxima differentiating the above equation and equating it to zero
P'(q) = - (2)0.02q + 4 - 0 = 0
or
⇒ - 0.04q + 4 = 0
or
⇒ - 0.04q = - 4
or
⇒ q = 100
Hence,
(A) 100 pairs of sunglasses (in thousands) should be sold to maximize profits
(B) Substituting the value of q in the profit function to calculate the actual maximum profit
P(q) = -0.02(100)² + 4(100) - 20
or
P(q) = - 0.02(10000) + 400 - 20
or
P(q) = - 0.02(10000) + 400 - 20
or
P(q) = 180 (in thousands dollar)
The answer is CB, AC, and AB
