document.write( "Question 1197165: The cost of production of an item is represented with the following equation: C(x) = 7x + 10. The revenue function for this item was determined to be R(x) = - 2x2 + 59x. What is the maximum amount of profit that can be made at the point where the number of items is the greatest to maximize profit? \n" ); document.write( "
Algebra.Com's Answer #830301 by MathLover1(20850)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( "\n" ); document.write( "The cost of production of an item is represented with the following equation: \r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The revenue function for this item was determined to be: \r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "What is the maximum amount of profit that can be made at the point where the number of items is the greatest to maximize profit?\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Profit is revenue minus cost. This means there is a function, \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the maximum amount of profit that can be made at the vertex (parabola is opening down)\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "=> vertex is at ( \n" ); document.write( "\n" ); document.write( " the maximum amount of profit is \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |