i’ve already done the question just need a quick help woth something...
@Hero
can you please check my work? and the last question love? :)
Did you interpret the result?
the last part where it says *interpret your results... since the instantaneous rate of change at R’(10,000) = 0....what does that tell me ?
The slope of R(x) is zero
this means that the instantaneous rate of change of the original function at R(x) is 0
Yes correct
sooooo what does that mean in words???
i need a hint plz
When the instantaneous rate of change of the original function is zero. it just means R(x) is neither increasing or decreasing at the point (x, R(x)).
just like the last question at point (100,114) ?
Exactly
icy now. thanks hero. your a life saver :) god bless u :)
It also means that the point (x,R(x)) is either a local minimum, local maximum or an inflection point. You'd have to find R''(x) = 0 to figure out which it is or just graph the function and look at it.
i got it thanks bro :)
so when the marginal cost at is 0 when R’(10000), what does that translates to in terms of the original function???
How did you get R'(10,000) = 0
Nevermind
let me draw plz
One second
oh okie
In this case, it gives you the point (10000,R(10000)) which is the point where the graph of R(x) is neither increasing or decreasing. Notice that \(a\) is negative in this case which means the graph is concave down so (10000, R(10000)) is a maximum. So R(10000) is the value of greatest revenue for the company.
for the original function right?? so at 10000 units, the company makes the most rev?
k got it hero. thanks bro. :)
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