The revenue is the total selling price which is given by, R = (number of units) (selling price per unit) 5 = x| 1556 -x 9 5 =1556x- Calculate the derivative of R by differentiating it with respect to x. d (R) dx d 1556x- dx 5 10 =1556 -x 9 dR The revenue is maximized. Put 0. dx 10 1556-x = 0 9 10 x = 1556 9 1556x9 X = 10 =1400.4

Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
ChapterP: Preliminary Concepts
SectionP.CT: Test
Problem 1CT
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The revenue is the total selling price which is given by,
R = (number of units) (selling price per unit)
5
= x| 1556 -x
9
=1556x-
Calculate the derivative of R by differentiating it with respect to x.
d
(R)
dx
d
1556x-
dx
5
- -J.
10
=1556 -x
9
dR
The revenue is maximized. Put
0.
dx
10
1556-x = 0
9
10
x = 1556
9
1556x9
X =
10
=1400.4
Transcribed Image Text:The revenue is the total selling price which is given by, R = (number of units) (selling price per unit) 5 = x| 1556 -x 9 =1556x- Calculate the derivative of R by differentiating it with respect to x. d (R) dx d 1556x- dx 5 - -J. 10 =1556 -x 9 dR The revenue is maximized. Put 0. dx 10 1556-x = 0 9 10 x = 1556 9 1556x9 X = 10 =1400.4
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