A Firm has the profit function Foo = - 2x + 1200! 1 00000 A possible rearrangement of the equation Fon=d for finding the zero of the firm's profit function in [60, 1607 with the fixed-Point Method is x = (2x²²+ 100Ge x = (2x²+100000)/1000. Round off to five decimal place the fourth fixed-Point Method iteration obtained with this rearrangement and the initial approximation x₁ = 60 gives X5= A. 99.63733 B. 99.63433 C. 99.63633 S.99.63533 F. none of these

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 91E
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A Firm has the profit function Foo== 2x² +1200 X-
1 000 00
A possible rearrangement of the equation Fon=d
for finding the zero of the firm's profit function in
[60, 1607 with the Fixed-Point Method is x = (ax² + logged
x = (2x²³² + 100000) /1200. Round off to five elecimal place
the fourth Fixed-Point Method iteration obtained with this
rearrangement and the initial approximation X ₁ = 60 gives
X5 =
A. 99.63733
B. 99.63433
C. 99.63633
D. 99.63533
E. none of these
Transcribed Image Text:A Firm has the profit function Foo== 2x² +1200 X- 1 000 00 A possible rearrangement of the equation Fon=d for finding the zero of the firm's profit function in [60, 1607 with the Fixed-Point Method is x = (ax² + logged x = (2x²³² + 100000) /1200. Round off to five elecimal place the fourth Fixed-Point Method iteration obtained with this rearrangement and the initial approximation X ₁ = 60 gives X5 = A. 99.63733 B. 99.63433 C. 99.63633 D. 99.63533 E. none of these
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