5.The revenue for a symphony concert is given by the equation R(n)= -n^2 + 480n, where n is the number of tickets sold.
a) Determine the number of tickets that will yield maximum revenue.
b) What is the maximum revenue earned?
last question
once again another problem where I think I have the answer, but it seemed too simple to me.
Pre cal word problem help please?mr messed up
R(n) = -n^2 + 480 n
a)
taking the DERIVATIVE
R = -2n + 480
set equaiton to ZERO
0 = -2n + 480
2n = 480
n = 240 ANSWER
b).
SUBSTITUTE into the original equation
R(n) = -n^2 + 480 n
R(n) = -240^2 + 480(240)
R(n) = -57600 + 115200
R(n) = $57600 ANSWER
CHECK
R(n) = -n^2 + 480 n
at n = 200, R(n) = $56000 which is less
at n = 280, R(n) = $56000 which is less
at n = 480, R(n) = $0 which is less
at n = 0, R(n) = $0 which is less
The point used were chosen to show the graph is a parabola with the maximum point at n = 240
No comments:
Post a Comment