Math Problem Statement
Use the function shown below to model the revenue (in millions of dollars) from the cell phone industry in a particular country, where xequals=2 corresponds to the year 2002. According to this model, in what year does revenue reach its maximum? f(x)equals=54.46 left parenthesis 49.4 x minus 142.3 right parenthesis e Superscript negative 1.5 x54.46(49.4x−142.3)e−1.5x Question content area bottom Part 1 The revenue reaches its maximum in the year enter your response here. (Type a whole number.)
Solution
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Calculus
Derivatives
Exponential Functions
Formulas
Derivative of a product
Derivative of an exponential function
Theorems
First derivative test
Second derivative test
Suitable Grade Level
Advanced High School
Related Recommendation
Revenue Analysis Using Derivatives and Graph Interpretation
Maximize Revenue with Standard and Deluxe Models | Linear Programming Problem
Logistic Growth Model for Smartphone Sales from 2009 to 2015
Logistic Model for Smartphone Sales Growth from 2009 to 2015
Maximizing Revenue with a Quadratic Revenue Function: Find the Maximum