Math Problem Statement

Solution

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Revenue and Cost Functions
Maximization
Derivatives

Formulas

Revenue function: R = 48Q - 2Q^2
Total cost function: TC = 300 - 18Q + Q^2
Derivative of R with respect to Q: dR/dQ = 48 - 4Q

Theorems

Maximization using Derivatives

Suitable Grade Level

Grades 11-12