The total revenue obtained from selling 'x' hundred items in a particular day is given by R, which is the variable 'x'. Given that dR/dx=20-4x;
[a] Determine the total revenue function R.
[b] Find the number of items sold that would maximize the total revenue and evaluate this total revenue.

Question

The total revenue obtained from selling 'x' hundred items in a particular day is given by R, which is the variable 'x'. Given that dR/dx=20-4x;
[a] Determine the total revenue function R.
[b] Find the number of items sold that would maximize the total revenue and evaluate this total revenue.

dumbcow · Answer

ahh so you have taken calculus?
for last problem wasn't sure...of course to maximize set derivative equal to 0

dumbcow · Answer

to find R(x), integrate 20-4x

$$R(x) = \int\limits_{}^{}(20-4x) dx$$

anonymous · Answer

which would give us 20x-2x^2

dumbcow · Answer

yep

anonymous · Answer

tanx

anonymous · Answer

pls dumbcow do you have any knowledge in accounting

dumbcow · Answer

little, mostly common knowledge i wouldn't know any technical accounting terms or anything