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How do you find maximum revenue using quadratic equations? - Answers

Suppose the revenue equation is of the form R = ax2 + bx + c where a, b and c are constants and x is the variable. To have a maximum, either a must be negative or x must lie within fixed limits. If a is negative then the maximum revenue is attained when x = -b/(2a). That is, find the value of R when x = -b/(2a). If a is positive, then find the value of R when x is at each end point of its domain. One of them will be larger and that is the maximum value of the revenue.



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How do you find maximum revenue using quadratic equations? - Answers

https://math.answers.com/math-and-arithmetic/How_do_you_find_maximum_revenue_using_quadratic_equations

Suppose the revenue equation is of the form R = ax2 + bx + c where a, b and c are constants and x is the variable. To have a maximum, either a must be negative or x must lie within fixed limits. If a is negative then the maximum revenue is attained when x = -b/(2a). That is, find the value of R when x = -b/(2a). If a is positive, then find the value of R when x is at each end point of its domain. One of them will be larger and that is the maximum value of the revenue.



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https://math.answers.com/math-and-arithmetic/How_do_you_find_maximum_revenue_using_quadratic_equations

How do you find maximum revenue using quadratic equations? - Answers

Suppose the revenue equation is of the form R = ax2 + bx + c where a, b and c are constants and x is the variable. To have a maximum, either a must be negative or x must lie within fixed limits. If a is negative then the maximum revenue is attained when x = -b/(2a). That is, find the value of R when x = -b/(2a). If a is positive, then find the value of R when x is at each end point of its domain. One of them will be larger and that is the maximum value of the revenue.

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      Suppose the revenue equation is of the form R = ax2 + bx + c where a, b and c are constants and x is the variable. To have a maximum, either a must be negative or x must lie within fixed limits. If a is negative then the maximum revenue is attained when x = -b/(2a). That is, find the value of R when x = -b/(2a). If a is positive, then find the value of R when x is at each end point of its domain. One of them will be larger and that is the maximum value of the revenue.

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