Find the point of diminishing returns (x,y) for the function R(X), where R(x) represents revenue (in thousands of dollars) and x represents the amount spent on advertising (in thousands of dollars). R(x) = 10,000-x3 + 42x² + 700x, 0≤x≤20

Find the point of diminishing returns (x,y) for the function R(X), where R(x) represents revenue (in thousands of dollars) and x represents the amount spent on advertising (in thousands of dollars). R(x) = 10,000-x3 + 42x² + 700x, 0≤x≤20

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter8: Introduction To Functions

Section8.8: Linear And Quadratic Functions

Problem 4ST

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Question

Find the point of diminishing returns (x,y) for the function R(X), where R(x) represents revenue (in thousands of dollars) and x represents the amount spent on advertising (in
thousands of dollars).
R(x) = 10,000-x3 + 42x² + 700x, 0≤x≤20

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