A farmer uses a lb of fertilizer per acre at a cost of $0.20 per pound, leading to a revenue of R = 700 - 400e dollars per acre. (a) How many pounds of fertilizer should be applied per acre to maximize profit? NOTE: Write your answer in decimal form rounding to three decimal places. pounds per acre. (b) What is the maximum profit on a 200 acre farm? $

College Algebra (MindTap Course List)
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ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
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Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
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rrent Attempt in Progress
A farmer uses a lb of fertilizer per acre at a cost of $0.20 per pound,
leading to a revenue of R = 700-400e dollars per acre.
(a) How many pounds of fertilizer should be applied per acre to
maximize profit?
NOTE: Write your answer in decimal form rounding to three decimal places.
pounds per acre.
(b) What is the maximum profit on a 200 acre farm?
$
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Transcribed Image Text:ew Policies rrent Attempt in Progress A farmer uses a lb of fertilizer per acre at a cost of $0.20 per pound, leading to a revenue of R = 700-400e dollars per acre. (a) How many pounds of fertilizer should be applied per acre to maximize profit? NOTE: Write your answer in decimal form rounding to three decimal places. pounds per acre. (b) What is the maximum profit on a 200 acre farm? $ Save for Later Attempts: 0 of 1 used Sub
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