A utility function is given as                         S (n) = - (n – 4)2 + 15             where S (n) = the utility level for a certain n amount of an item. Use calculus (not trial and error) to determine the n value which will maximize the S value, and the S value itself.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.6: Variation
Problem 16E
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A utility function is given as

                        S (n) = - (n – 4)2 + 15

            where S (n) = the utility level for a certain n amount of an item.

Use calculus (not trial and error) to determine the n value which will maximize the S value, and the S value itself.

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