Ask your own question, for FREE!
Mathematics 19 Online
Ballery1:

I have a math question.

Ballery1:

The quantity demanded per month is related to the unit price of a product by the equation \[P = \frac{ 40 }{ 0.02x^2 +1 }\] \[(0\le x \le15) \] where *P* is measured in dollars and *x* is measured in units of a thousand. How many items must be sold to yield a maximum revenue.

Ballery1:

Where do i begin to find the number of products that’ll yield max rev??

Ballery1:

Set it equal to zero? O-o

Hero:

I'm not able to follow your work. You should really consider using an online drawing canvas to write your work. Using a number 2 pencil and loose leaf paper is something of last century.

Hero:

Besides that, I don't follow your methods of calculating derivatives. They don't seem to make any sense.

Ballery1:

i made a silly mistake at the beginning of the solution. since i was solving for the revenue...i forgot to multiply the price function by x since R(x) = x.P(x) but yeah i got help and we fixed it. thanks though :)

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!
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!