The maximum revenue generated is $160000.
Given that, the revenue function for a sporting goods company is given by R(x) = x⋅p(x) dollars where x is the number of units sold and p(x) = 400−0.25x is the unit price. And we have to find the maximum revenue. Let's proceed to solve this question.
R(x) = x⋅p(x)
And, p(x) = 400−0.25x
Put the value of p(x) in R(x), we get
R(x) = x(400−0.25x)
R(x) = 400x - 0.25x²
This is the equation for a parabola. The maximum can be found at the vertex of the parabola using the formula:
x = -b/2a from the parabolic equation ax²+bx+c where a = -0.25, b = 400 for this case.
Now, calculating the value of x, we get
x = -(400)/2×-0.25
x = 400/0.5
x = 4000/5
x = 800
The value of x comes out to be 800. Now, we will be calculating the revenue at x = 800 and it will be the maximum one.
R(800) = 400x - 0.25x²
= 400×800 - 0.25(800)²
= 320000 - 160000
= 160000
Therefore, the maximum revenue generated is $160000.
Hence, $160000 is the required answer.
Learn more in depth about revenue function problems at brainly.com/question/25623677
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Answer:
The answer is (3,2) or x=3 and y=2
Step-by-step explanation:
Answer:
Boys :girls!
Step-by-step explanation:
Plz write complete question
You first multiply 6 and 8 to see how many people are put in the vans without rented a van. This would equal 48. You then subtract 48 from 59 to see how many people still need to be in a van. This would leave you with 11 people. Then you divide 8 from 11 to get 1 3/8. This means you need 2 vans to fit everyone.
15 = x% from 200
<span>15 = </span><span> * 200</span>
15 = 2x / ÷ 2 (both sides)
<u>x = 7.5 [percent]</u>