SOLUTION: Given the following revenue and cost functions, find the x-value that makes profit a maximum. (Re2all that profit equals revenue minus cost.) R(x) = 55x - 2x^2; C(x) = 21x + 98

Algebra.Com
Question 613262: Given the following revenue and cost functions, find the x-value that
makes profit a maximum. (Re2all that profit equals revenue minus cost.)
R(x) = 55x - 2x^2; C(x) = 21x + 98

Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!
 
Hi,
R(x) = 55x - 2x^2
C(x) = 21x + 98
P(x) = 55x - 2x^2 -(21x + 98)
P(x) = -2x^2 + 34x - 98
x = 8.5 makes max profit

RELATED QUESTIONS

Given the following revenue and cost functions, find the x-value that makes profit a... (answered by jsmallt9)
Total profit P is the difference between total revenue R and total cost C. Given the... (answered by solve_for_x)
Total profit P is the difference between total revenue R and total cost C. Given the... (answered by ankor@dixie-net.com)
A farmer decides to enclose a rectangular​ garden, using the side of a barn as one... (answered by ikleyn,josmiceli)
Total profit P is the difference between total revenue R and total cost C. Given the... (answered by ikleyn)
Find the maximum profit if the revenue and cost functions are given by the following... (answered by josgarithmetic)
Total profit P is the difference between total revenue R and total cost C. Given the... (answered by Theo)
Find the maximum profit if the revenue and cost functions are given by the following... (answered by ankor@dixie-net.com)
Given the following revenue and cost functions, find the x-value that makes revenue a... (answered by josgarithmetic,MathTherapy)