Peter Piper produces pecks of finely pickled peppers. His cost, in dollars, to produce x pecks of peppers is C(x)=22x+551. His revenue is R(x)= -x2+70x. For what values of x is the profit P(x)=0? The lower value of x is_____. The higher value x is______. How many pecks of peppers should be produced for revenue to be maximized? What is the value of the maximum revenue? Producing ________ pecks of pickled peppers results in a maximum revenue of $_______. How many pecks of peppers should be produced for profit to be maximized? What is the value of the maximum profit? Producing _________ pecks of pickled peppers results in a maximum profit of $________.
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
I am having trouble solving this problem. Can you please provide me with some help? Thank you. I appreciate it.
Peter Piper produces pecks of finely pickled peppers. His cost, in dollars, to produce x pecks of peppers is C(x)=22x+551. His revenue is R(x)= -x2+70x.
For what values of x is the profit P(x)=0? The lower value of x is_____. The higher value x is______.
How many pecks of peppers should be produced for revenue to be maximized? What is the value of the maximum revenue? Producing ________ pecks of pickled peppers results in a maximum revenue of $_______.
How many pecks of peppers should be produced for profit to be maximized? What is the value of the maximum profit? Producing _________ pecks of pickled peppers results in a maximum profit of $________.
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
