A company producing stereos can produce a stereo for $112 on top of the​ company's annual fixed cost of ​$512000.If the price​ (demand) function for the stereos is given by p(q)=−0.95q+45000​, how many stereos must the company produce and sell to earn a profit of ​$2,625,505​?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.3: Equations Involving Decimals And Problem Solving
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A company producing stereos can produce a stereo for $112 on top of the​ company's annual fixed cost of ​$512000.If the price​ (demand) function for the stereos is given by p(q)=−0.95q+45000​, how many stereos must the company produce and sell to earn a profit of ​$2,625,505​?

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