Answer:
The maximum revenue is 16000 dollars (at p = 40)
Step-by-step explanation:
One way to find the maximum value is derivatives. The first derivative is used to find where the slope of function will be zero.
Given function is:
Taking derivative wrt p
Now putting R'(p) = 0
As p is is positive and the second derivative is -20, the function will have maximum value at p = 40
Putting p=40 in function
The maximum revenue is 16000 dollars (at p = 40)
Answer:
The highest altitude that the object reaches is 576 feet.
Step-by-step explanation:
The maximum altitude reached by the object can be found by using the first and second derivatives of the given function. (First and Second Derivative Tests). Let be , the first and second derivatives are, respectively:
First Derivative
Second Derivative
Then, the First and Second Derivative Test can be performed as follows. Let equalize the first derivative to zero and solve the resultant expression:
(Critical value)
The second derivative of the second-order polynomial presented above is a constant function and a negative number, which means that critical values leads to an absolute maximum, that is, the highest altitude reached by the object. Then, let is evaluate the function at the critical value:
The highest altitude that the object reaches is 576 feet.