Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Math 229 Lab 15: Section 13.3 Name. 2. The cost function to produce q electric cat brushes is given by C(q) = -10q2 + 250q.
Math 229 Lab 15: Section 13.3 Name. 2. The cost function to produce q electric cat brushes is given by C(q) = -10q2 + 250q. The demand equation is given by p = -q2 - 3q + 299, where p is the price in dollars. (a) Find and simplify the profit function. Profit =P (b) Using the Second Derivative Test find the number of brushes that will produce the maximum profit. (c) Find the price that produces the maximum profit. (d) Find the maximum profit. (e) Find the point of diminishing returns for the profit function. age 2Math 229 Lab 15: Section 13.3 Name: Use good notation and show all of your work. Write solutions to word problems in a sentence. 1. The revenue R(x) generated from sales of an automatic treat thrower for pets is related to the amount x spent on advertising by R(x) = 15006 (600x2 - x3), 0
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started