Answer:
0.5
Step-by-step explanation:
We assume your function is
The distance formula can be used to find the distance from the point on the curve (x, f(x)) to the origin:
d^2 = (x)^2 + (f(x))^2 = x^2 + (4 -x)
Written in vertex form, this is ...
d^2 = (x -1/2) + 3.75
This has a minimum at x=1/2, so that is the x-coordinate of the point closest to the origin.
Answer:
Maximum revenue = 1000 thousands of dollars.
Explanation:
We have the revenue equation , where x is measured in thousands of toys produced, and r(x) is measured in thousands of dollars.
At maximum revenue the derivative of equation is zero
So,
So maximum revenue is when 200 thousands of toys are produced.
Maximum revenue,
Maximum revenue = 1000 thousands of dollars.