Math Problem Statement

find the maximum revenue for the revenue function R(x)=392x-0.9x^2. Round your answer to the nearest cent

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Quadratic Functions
Revenue Optimization

Formulas

Vertex formula: x = -b / 2a
Quadratic revenue function: R(x) = ax^2 + bx + c

Theorems

Vertex theorem for quadratic functions
Optimization of a quadratic function

Suitable Grade Level

Grades 10-12