
Shannan R.
asked 11/11/23Can 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.)
1 Expert Answer
Raymond B. answered 11/13/23
Math, microeconomics or criminal justice
P(x)=R(x)-(C)= -22x^2+120,000x -(-19x^2+48,000x+19934)
= -3x^2- 72,000x -19934
P'= -6x -72000=0
x=-12,000
or another method without calculus
-3x^2 -72,000x-19934
complete the square add half 24000 squared
=-3(x^2+24000x +12000^2) -19934 +12000^2
=-3(x+12,000) ^2 +143,981,166 ln vertex form: a(x-h)+k with (h,k)=vertex=(-12000,about 144 million)
but a negative production level usually doesn't make sense
there may be a mistake in the problem
or it may be a trick question with x=0 as the answer if domain is [0, infinity)

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.11/13/23
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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.11/11/23