At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Connect with professionals on our platform to receive accurate answers to your questions quickly and efficiently. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

The total revenue for Jane’s Vacation rental is given as the function R(x) = 100x-0.2x squared where x is the number of rooMs filled. What number of rooms filled produced the maximum revenue

The Total Revenue For Janes Vacation Rental Is Given As The Function Rx 100x02x Squared Where X Is The Number Of RooMs Filled What Number Of Rooms Filled Produc class=

Sagot :

Given that

The function of revenue is R(x) = 100x - 0.2x^2

Explanation -

It is given that we have to find the number of rooms filled that gives maximum revenue.

And x is the number of rooms filled and R is the total revenue.

If the [Total revenue] value of the function is maximum it means its derivative is zero so we will find the derivative first.

Derivative of given function

[tex]\begin{gathered} \frac{dR(x)}{dx}=\frac{d}{dx}(100x-0.2x^2) \\ R^{\prime}(x)=100-0.2\times\times2x=100-0.4x \end{gathered}[/tex]

Since derivative of R(x) is zero then,

100 - 0.4x = 0

0.4x = 100

x = 100/0.4 = 1000/4 = 250

So the number of rooms filled to give maximum revenue is 250.

The final answer is 250.