Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please tell me how to solve below 2 Optimization problems 1) Suppose a business sells Whatchamacallits. The total cost is given by C ( x

Please tell me how to solve below 2 Optimization problems

1)

Suppose a business sells Whatchamacallits. The total cost is given byC(x)=50000+6x

and the total revenue is given by R(x)=x2+1000x where x is the number of Whatchamacallits sold and C and R are both in dollars. If profit is given by Revenue mins Cost,

What is the maximum profit the business could make from Whatchamacallits sales?

2)

A farmer wishes to build a fenced in enclosure along the side of the barn. The enclosure should be a rectangular, and the barn will serve as one side of the region

(so the enclosure cannot be longer than the barn). The farmer has enough fence for 1000feet of fence. If the barn is 200 feet long, what is the maximum area of the enclosure in ft2?

image text in transcribed
W Barn L Enclosure 200 ft W

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Basic Mathematics With Early Integers

Authors: Charles P McKeague

1st Edition

1936368978, 9781936368976

More Books

Students also viewed these Mathematics questions

Question

How did the authors avoid the post hoc fallacy?

Answered: 1 week ago

Question

Answered: 1 week ago

Answered: 1 week ago

Question

Please answer questions 2 , 3 , and 4

Answered: 1 week ago