Shannan R.

asked • 11/11/23

Can anyone tell me how to do the maximize part?

The Pear company sells pPhones. The cost to manufacture x pPhones is C(x)=-19x^2+48000x+19934 dollars (this includes overhead costs and production costs for each pPhone). If the company sells x pPhones for the maximum price they can fetch, the revenue function will be R(x)=-22x^2+120000x dollars.


How many pPhones should the Pear company produce and sell to maximimze profit? (Remember that profit=revenue-cost.)

Doug C.

If you subtract the cost function from the revenue function you will still have a quadratic function with a negative leading coefficient. If you graph that function you will have a downward opening parabola. Do you know how to locate the vertex of that parabola? Locate the axis of symmetry? The x-coordinate of the vertex lies on the axis of symmetry. That value of x maximizes the profit. Post a comment here is you are not sure how to determine the vertex and/or axis of symmetry.
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11/11/23

1 Expert Answer

By:

Raymond B. answered • 11/13/23

Tutor
5 (2)

Math, microeconomics or criminal justice

Doug C.

When 12000^2 was added into the binomial to complete the square, the value added was really -3(12000^2). To compensate, outside the parentheses +3(12000^2) would be added.
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11/13/23

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