A company that sells toys models their profit with the function
1 answer:
9514 1404 393
Answer:
a) profit has a typical curve: negative at low volume, and again at very high volume.
b) $239,407
Step-by-step explanation:
a) The graph is negative below x=1.58, so the break-even point is 158 toys sold. The profit declines steeply above 533 toys sold, to again go negative for 774 toys sold. This sort of curve seems fairly typical.
__
b) The profit is a maximum of $239,407 when 533 toys are sold.
You might be interested in
If you start with a 12x16 rectangle and cut square with side length x, when you bend the sides you'll have an inner rectangle with sides and
, and a height of x.
So, the volume will be given by the product of the dimensions, i.e.
The derivative of this function is
and it equals zero if and only if
If we evaluate the volume function at these points, we have
So, the maximum volume is given if you cut a square with side length