Find maximum revenue

Assignment Help Algebra
Reference no: EM1317944

Question: The amount of revenue a firm makes per day by selling x items is given by the function f(x) = 14x - 0.2x2. Find how many items should be sold if the firm wants to maximize their profit?

[A] 70 items

[B] 30 items

[C] 35 items

[D] 40 items

Reference no: EM1317944

Questions Cloud

Sketch possible graphs for all cases : Find whether x=3 is a local maximum or a local minimum and Sketch the graph - Sketch possible graphs for all four cases.
Supply drivers and demand drivers : Your readings for this unit mentioned supply and demand side drivers of health costs. Explain two supply drivers and two demand drivers of health care costs.
Mean weight-constructing confidence interval : Construct a 96% confidence interval for the mean weight of all firefighters six months after the exercise rooms were installed.
Derive an expression using the given data : Derive an expression using the given data - Show that this reduces to the integration-by-parts formula if u and v are continuous across x = c. It is not necessary for du/dx and dv/dx to be continuous at x = c.
Find maximum revenue : Find maximum revenue.
Promotional theme of company promotion : Allegra is an antihistamine, and to create brand awareness, its manufacturer is offering people who request information about the product a cushion to use at their favorite sporting event-This use of the same promotional theme throughout a company'..
Construction of stem and leaf plot diagram : The data below show the average daily high temperature for Chicago, Illinois, for twelve recent spring and summer months. Create a stem-and -leaf diagram for the data.
Percent confidence interval for the mean weight : Construct a 96 percent confidence interval for the mean weight of all firefighters six months after the exercise rooms were installed.
Evaluate formulae for the coefficients : Evaluate formulae for the coefficients -Hint: Use the linear transformation

Reviews

Write a Review

Algebra Questions & Answers

  Solve the linear model

Select five values for x to plug into the linear function, P(x)=10x-7 and prepare a table of values

  Identify the sample and suggest a population

Identify the sample and suggest a population

  Evaluate the ratios

Evaluate the ratios and check are the ratios equivalent.

  Define variables and profit function

Define variables and profit function

  Make a linear equation

Assume you have a lemonade stand, & when you charge $1 per cup of lemonade you sell 50 cups. But when you raise your price to $2 you only sell 25 cups. Make an equation for the number of cups you sell as a function of the price you charge. Denote "C"..

  Classify linear and non linear functions

For each of the relationships given below, describe whether you think it is best explained by a linear function or a non-linear function.

  Which of the following are functions

Which of the following are functions?  The two problems, i.e., 1 & 3, are multi part relations consider all parts when determining whether or not these relations are functions. Explain your reason for 1, 2, & 3.

  Using venn diagram for solving word problems

Using venn diagram for solving word problems.

  Joint probability density function

The joint probability density function.

  Applications of combination

Applications of combination

  Solving problems using venn diagram

Solving problems using venn diagram.

  Solving problems into equation

Solving problems into equation.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd