The quadratic function
1 answer:
Answer:
The maximum revenue that can be generated is $128.13
Step-by-step explanation:
we have
where
R(p) represent the amount of revenue in dollars
p the product price
This is a vertical parabola open downward
The vertex represent a maximum
so
The y-coordinate of the vertex represent the maximum revenue that can be generated
Solve by graphing
using a graphing tool
Graph the quadratic equation
The vertex is the point (6.25,128.125)
see the attached figure
the y-coordinate of the vertex is 128.125
therefore
The maximum revenue that can be generated is $128.13
You might be interested in
Money received in tenth month: $104
Difference between explicit formula and a recursive formula is: the use of (n-1)th term, nth term and the common difference (d) brings a great difference between the two formulae of an arithmetic progression.
<h3>What is arithmetic progression?</h3>A series of numbers called an arithmetic progression or arithmetic sequence (AP) has a constant difference between the terms.
Given:
- Money received in first four months: $50, $52, $55, %59.
To find: Money received in tenth month.
Finding:
As we can see, the pattern followed here is: increment in each amount received each month by $1. Thus it is an arithmetic progression.
That is: 50, 52 (0+2), 55 (2+3), 59 (2 + 3 + 4) and so on.
Thus, for the tenth month, we can use the formula of recursion, given by: , n ≥ 1.
For a₁ = 50, a₂ = a₁ + 2
=> a₂ = 50 + 2
This way, a₅ = a₄ + 5
=> a₅ = 59 + 5 = 64
a₆ = a₅ + 6
=> a₆ = 64 + 6 = 70
a₇ = a₆ + 7
=> a₇ = 70 + 7 = 77
a₈ = a₇ + 8
=> a₈ = 77 + 8 = 85
a₉ = a₈ + 9
=> a₉ = 85 + 9 = 94
a₁₀ = a₉ + 10
=> a₁₀ = 94 + 10 = 104
Thus, the payment received in tenth month will be $104.
(b) Difference between explicit formula and recursive formula of an arithmetic progression:
- The first term of a recursive formula is a₁ and the formula for the nth term uses the first term and the common difference, d. One example of a recursive formula is
.
- A formula for the nth term in an explicit formula would include the initial term a₁, the common difference d, and the term number, n. The equation
.
To learn more about arithmetic Progressions, refer to the link: brainly.com/question/6561461
#SPJ4