10: A toy company has determined that the revenue generated by a particular toy is modeled by the following equation: r(x) 11x -0.025x^2
The variable x is measured in thousands of toys produced, and r(x) is measured in thousands of dollars. What is the maximum revenue the company can earn with this toy?
Give the answer in dollars.
Answer:
1
Expert's answer
2015-10-28T14:42:26-0400
Answer on Question #55821 – Math – Calculus
7. Describe the Nature of the roots for this equation.
10. A toy company has determined that the revenue generated by a particular toy is modeled by the following equation: r(x)=11x−0.025x2
The variable x is measured in thousands of toys produced, and r(x) is measured in thousands of dollars. What is the maximum revenue the company can earn with this toy?
Give the answer in dollars.
Solution
The function r(x)=11x−0.025x2 is a quadratic function with a=−0.025<0, then maximum will be at the vertex of the parabola:
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