Can't figure out a & c
R(x)=9.5x-0.04x^2
C(x)=1.25x+250
a)How many boxes of candy must be sold to maximize revenue? What is max revenue?
b) Profit is P(x)=R(x)-C(x). What is the profit function?
My answer: -0.04x^2+8.25x-250
c)How many boxes must be sold to maximize profit? What is the max profit?
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OpenStudy (anonymous):
what level of math?
OpenStudy (anonymous):
with calc this is easy. max revenue= R'(x)=0
max profit= P'(x)=0
OpenStudy (anonymous):
a) 119 units
$564
OpenStudy (anonymous):
could you show me the work for a
I have no examples on my text for this problem, which is why it's confusing
OpenStudy (anonymous):
are you in calc?
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OpenStudy (anonymous):
college algebra it's not calc
OpenStudy (anonymous):
like i said calc makes this problem super easy.
OpenStudy (anonymous):
ok r(x)=0 at what two amounts?
OpenStudy (anonymous):
i think i have to use the quadratic function... Awww wish i would have the easy way to solve it!
OpenStudy (anonymous):
once you find that, it will be exactly half way inbetween them for your max.
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OpenStudy (anonymous):
use the quad formula to get the zeros
OpenStudy (anonymous):
R(x)=0 at x=0 and x=237.5
OpenStudy (anonymous):
so the max is going to be exactly halfway between them.
OpenStudy (anonymous):
same process for the P(x), find the zeros, find the midpoint.
OpenStudy (anonymous):
thank u
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