Ask your own question, for FREE!
Mathematics 7 Online
OpenStudy (anonymous):

Find the value of p that maximizes p(A-bp) - c(A-bp)

OpenStudy (ybarrap):

To maximize, set f'(p)=0 where, $$ f(p)=p(A-bp) - c(A-bp)\\ f'(p)=A+b (c-2 p)=0\\ \implies p_{max}= (A+b c)/(2 b) $$ To show this is a maximum, see if f''(p_{max}) < 0 $$ f''(p)= -2 b $$ So f''(p) is maximum iff b > 0.

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
Arriyanalol: i need help
1 day ago 7 Replies 1 Medal
Arriyanalol: CONGRATS to me
1 day ago 8 Replies 2 Medals
Legomaster346: What colleges are good that are near Arab Alabama?
1 week ago 5 Replies 0 Medals
Arriyanalol: i need help
1 week ago 6 Replies 2 Medals
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!