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MAT 117 – SPRING 2021 PROBLEM SET #3 NAME: ________________________ (1 point) Directions: Complete the problems on this sheet. All problems must be completed by the end of class to earn full credit. Show all work and include appropriate units where applicable. Box all final answers. 1. Miss Kito is a huge fan of the Jurassic Park movies. When the first movie was released, she decided to try to capitalize off the success of the movie by selling novelty mosquitos trapped in amber. She called her entrepreneurial endeavor Miss Kito’s Mosquitos. A market study showed that the demand for her item was based on the equation: 𝒒 = πŸπŸπŸ’ βˆ’ πŸπŸ’π’‘ where π‘ž represents the number of mosquitos sold each week based on a price, 𝑝, in dollars. The cost to produce each mosquito is $3. (So, π‘ͺ = πŸ‘π’’) Miss Kito wants to determine at what price point she should sell the

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