5. A toy manufacturer figures that it costs $4 to make a toy car. There are fixed costs of $500 per week. The revenue this business generates per week is given by the formula R=700x=0.25x², where x is the number of toy cars produced. For what value of x is the weekly profit a maximum?

Calculus: Early Transcendentals
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ISBN:9781285741550
Author:James Stewart
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Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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5. A toy manufacturer figures that it costs $4 to make a toy car. There are fixed costs of
$500 per week. The revenue this business generates per week is given by the formula
R = 700 x-0.25x², where x is the number of toy cars produced. For what value of x is the
weekly profit a maximum?
Transcribed Image Text:5. A toy manufacturer figures that it costs $4 to make a toy car. There are fixed costs of $500 per week. The revenue this business generates per week is given by the formula R = 700 x-0.25x², where x is the number of toy cars produced. For what value of x is the weekly profit a maximum?
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