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A computer dealer has found that his monthly revenue for selling personal computers can be modeled by the function R(x) = −120x^2+ 6000x + 24000. His costs can be modeled by C(x) = 3600x + 14400 How many computers should he sell monthly to achieve the maximum profit?
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profit = revenue - costs = -120x^2 + 6000x + 24000 - 3600x + 14400 P = -120x^2 + 2400x + 9600 we need value of for maximum profit differentiate dP/dx and equate to zero and solve
dP/dx =-240x + 2400 = 0 x = 10 10 computers
have you done calculus jfry?
there is another way to find x other than differentiating (calculus} shall i show you how?
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