Suppose a revenue function is given by: R(q) = - q³ + 105q where q is thousands of units and R(g) is thousands of dollars. For what value of q is revenue maximized. Round your answer to the nearest tenth (one decimal place thousand units

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 21T
icon
Related questions
Topic Video
Question

With a revenue function which is given by:

R(q)=−q3+105q

where
q
is thousands of units and
R(q) is thousands of dollars.

For what value of
q
is revenue maximized. Round your answer to the nearest tenth (one decimal place).

q
=

thousand units

Suppose a revenue function is given by:
R(q) = – q° + 105g
3
where
is thousands of units and R(q) is thousands of dollars.
For what value of q is revenue maximized. Round your answer to the nearest tenth (one decimal place).
q =
thousand units
Transcribed Image Text:Suppose a revenue function is given by: R(q) = – q° + 105g 3 where is thousands of units and R(q) is thousands of dollars. For what value of q is revenue maximized. Round your answer to the nearest tenth (one decimal place). q = thousand units
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Optimization
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell