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QUESTION

Suppose consumers will purchase q units of a prod

Suppose consumers will purchase q units of a product at a price of 1000/q+3 dollars per unit. What is the minimum number of units that must be sold in order that sales revenue be greater than $9000 ?

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kevin
kevin
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ANSWER

Tutor has posted answer for $10.00. See answer's preview

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*********

**** ***** in ***********

******

of ******** ****************

*************

1000/q+3=9000

*************

********

q=26667

Number

of

*****

*****

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ANSWER

Tutor has posted answer for $10.00. See answer's preview

$10.00

**** ************** * q(1000/q + 3) = **** * 3q

**** * ** **** *****

** ≥ *****

q **** 2667

******

*** ******* ******* the ******* ** **** in ***** *****

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