A construction company has an expenditure rate of E (x)=eox dollars per day on a particular paving job and an income rate of l'(x) = 122.8- e.10x dollars per day on the same job, where x is the number of days from the start of the job. The company's profit on that job will equal total income less total expenditures. Profit will be maximized if the job ends at the optimum time, which is the point where the two curves meet. (a) Find the optimum number of days for the job to last. (b) Find the total income for the optimum number of days. (c) Find the total expenditures for the optimum number of days. (d) Find the maximum profit for the job. (a) days (Round to the nearest integer as needed.) (b) The total income for the optimum number of days wil be $ (Round to the nearest cent as needed) (c) The total expenditures for the optimum number of days will be 5 (Round to the nearest cent as needed.) (d) The maximum profit for the job will be S (Round to the nearest cent as needed.)

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
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...
icon
Related questions
Question
A construction company has an expenditure rate of E (x)-eox dollars per day on a particular paving job
and an income rate of l'(x) = 122.8 - e10 dollars per day on the same job, where x is the number of days
from the start of the job. The company's profit on that job will equal total income less total expenditures.
Profit will be maximized if the job ends at the optimum time, which is the point where the two curves meet.
anol,
(a) Find the optimum number of days for the job to last.
(b) Find the total income for the optimum number of days.
(c) Find the total expenditures for the optimum number of days.
(d) Find the maximum profit for the job.
Pn for
(a) days
(Round to the nearest integer as needed)
(b) The total income for the optimum number of days will be S
(Round to the nearest.cent as needed.)
(c) The total expenditures for the optimum number of days will be 5
(Round to the nearest cent as needed.)
(d) The maximum profit for the job will be S
(Round to the nearest cent as needed.)
Transcribed Image Text:A construction company has an expenditure rate of E (x)-eox dollars per day on a particular paving job and an income rate of l'(x) = 122.8 - e10 dollars per day on the same job, where x is the number of days from the start of the job. The company's profit on that job will equal total income less total expenditures. Profit will be maximized if the job ends at the optimum time, which is the point where the two curves meet. anol, (a) Find the optimum number of days for the job to last. (b) Find the total income for the optimum number of days. (c) Find the total expenditures for the optimum number of days. (d) Find the maximum profit for the job. Pn for (a) days (Round to the nearest integer as needed) (b) The total income for the optimum number of days will be S (Round to the nearest.cent as needed.) (c) The total expenditures for the optimum number of days will be 5 (Round to the nearest cent as needed.) (d) The maximum profit for the job will be S (Round to the nearest cent as needed.)
Expert Solution
steps

Step by step

Solved in 4 steps with 4 images

Blurred answer
Recommended textbooks for you
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning
Thomas' Calculus (14th Edition)
Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781319050740
Author:
Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:
W. H. Freeman
Precalculus
Precalculus
Calculus
ISBN:
9780135189405
Author:
Michael Sullivan
Publisher:
PEARSON
Calculus: Early Transcendental Functions
Calculus: Early Transcendental Functions
Calculus
ISBN:
9781337552516
Author:
Ron Larson, Bruce H. Edwards
Publisher:
Cengage Learning