Let C(x) be the cost to produce x batches of widgets, and let R(x) be the revenue in thousands of dollars. Complete parts (a) and (b) below. R(x) = -x² +6x, C(x)=x+4 (a) Find the maximum revenue. How can the maximum revenue be found? Choose the correct answer below. OA. Find the y-intercept of R(x). OB. Find the x-intercept of R(x). OC. Find the x-coordinate of the vertex of R(x). OD. Find the y-coordinate of the vertex of R(x). The maximum revenue is dollar(s). (Simplify your answer.) (b) Find the maximum profit. Let P(x) be the profit in thousands of dollars. Identify an expression in terms of x for P(x). P(x) = 0 The maximum profit is dollar(s). (Simplify your answer.)
Let C(x) be the cost to produce x batches of widgets, and let R(x) be the revenue in thousands of dollars. Complete parts (a) and (b) below. R(x) = -x² +6x, C(x)=x+4 (a) Find the maximum revenue. How can the maximum revenue be found? Choose the correct answer below. OA. Find the y-intercept of R(x). OB. Find the x-intercept of R(x). OC. Find the x-coordinate of the vertex of R(x). OD. Find the y-coordinate of the vertex of R(x). The maximum revenue is dollar(s). (Simplify your answer.) (b) Find the maximum profit. Let P(x) be the profit in thousands of dollars. Identify an expression in terms of x for P(x). P(x) = 0 The maximum profit is dollar(s). (Simplify your answer.)
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Answer in thousands
Transcribed Image Text:Let C(x) be the cost to produce x batches of widgets, and let R(x) be the revenue in thousands of dollars. Complete parts (a) and (b) below.
2
R(x)= -x + 6x, C(x)=x+4
(a) Find the maximum revenue.
How can the maximum revenue be found? Choose the correct answer below.
OA. Find the y-intercept of R(x).
OB. Find the x-intercept of R(x).
OC. Find the x-coordinate of the vertex of R(x).
OD. Find the y-coordinate of the vertex of R(x).
..
dollar(s).
The maximum revenue is
(Simplify your answer.)
(b) Find the maximum profit.
Let P(x) be the profit in thousands of dollars. Identify an expression in terms of x for P(x).
P(x)=
The maximum profit is
dollar(s).
(Simplify your answer.)
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