SOLUTION: Hey,
for each pair of revenue and cost functions, determine
i) the profit function
ii) the value of x that maximizes profit
a) R(x)=-x^2+24x, C(x)=12x+28
i got part i) it
Algebra.Com
Question 357428: Hey,
for each pair of revenue and cost functions, determine
i) the profit function
ii) the value of x that maximizes profit
a) R(x)=-x^2+24x, C(x)=12x+28
i got part i) it was, -x^2+12x+28 but i have no idea how to do part ii)
thanks
Answer by user_dude2008(1862) (Show Source): You can put this solution on YOUR website!
i) P=R-C = -x^2+24x-(12x+28) = -x^2+24x-12x-28 = -x^2+12x-28
ii) x=-b/2a = -12/2(-1) = 6
Answer x=6
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