Chapter 3: Q. 7 (page 175)
Determine whether has a maximum or minimum value. Then find the maximum or minimum value.
Short Answer
The quadratic function has a maximum value. The maximum value is.
Chapter 3: Q. 7 (page 175)
Determine whether has a maximum or minimum value. Then find the maximum or minimum value.
The quadratic function has a maximum value. The maximum value is.
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Get started for freeTrue or False If the discriminant , the graph of , will touch the x-axis at its vertex.
The marginal cost C (in dollars) of manufacturing x cell phones (in thousands) is given by
(a) How many cell phones should be manufactured to minimize the marginal cost?
(b) What is the minimum marginal cost?
Graph the function by starting with the graph of and using transformations (shifting, compressing, stretching, and/or reflection). Verify your results using a graphing utility.
Hint: If necessary, write in the form .
In Problems 7–22, solve each inequality.
The daily revenue R achieved by selling x boxes of candy is figured to be The daily cost C of selling x boxes of candy is .
(a) How many boxes of candy must the firm sell to maximize revenue? What is the maximum revenue?
(b) Profit is given as P(x) = R(x) - C(x). What is the profit function?
(c) How many boxes of candy must the firm sell to maximize profit? What is the maximum profit?
(d) Provide a reasonable explanation as to why the answers found in parts (a) and (c) differ. Explain why a quadratic function is a reasonable model for revenue.
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