SOLUTION: Suppose consumers will purchase q units of a product at a price of
(500)/(Q)+7 dollars per unit.
What is the minimum number of units that must be sold in order that sales re
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Suppose consumers will purchase q units of a product at a price of
(500)/(Q)+7 dollars per unit.
What is the minimum number of units that must be sold in order that sales re
Log On
Question 1199843: Suppose consumers will purchase q units of a product at a price of
(500)/(Q)+7 dollars per unit.
What is the minimum number of units that must be sold in order that sales revenue to be greater than 9000 $? Answer by ikleyn(52788) (Show Source):
They want you find the minimal integer solution to this inequality
>= 9000.
It is equivalent to
500 + 7q >= 9000
7q >= 9000 - 500 = 8500
q >= = 1214.286...
ANSWER. The minimal integer number q which is the solution to the problem is 1215.