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24 January, 19:22

Find the maximum revenue for the revenue function r (x) = 382 x - 0.6x 2. (round your answer to the nearest cent.)

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  1. 24 January, 20:20
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    The coefficient of x² is is a negative 0.6, so this function has a maximum value.

    the max value of a quadratic function is the value of f (x) when x=-b/2a,

    in this case, a=-0.6, b=382

    so x=382/1.2=

    r (382/1.2) = - 0.6 (382/1.2) ²+382 * (382/1.2)

    use a calculator: 60801.67 is the number I got.
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