Chapter 2.1, Problem 53E

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7th Edition

Stefan Waner + 1 other

ISBN: 9781337274203

Textbook Problem

Suppose the graph of revenue as a function of unit price is a parabola that is concave down. What is the significance of the coordinates of the vertex, the *x*-intercepts, and the *y*-intercept?

To determine

The significance of the coordinates of the vertex, the

Explanation

**Given Information:**

The graph of the revenue as a function of price is a parabola with downward facing.

For example:

Consider the Revenue function,

Compare the equation

The values are

Here

Vertex: The formula of *p-* coordinate or

Substitute

This value of

The *R-* coordinate or

Substitute

Thus

*p*-intercept or *p*-intercept of the function, substitute

Sect-2.1 P-1ESect-2.1 P-2ESect-2.1 P-3ESect-2.1 P-4ESect-2.1 P-5ESect-2.1 P-6ESect-2.1 P-7ESect-2.1 P-8ESect-2.1 P-9ESect-2.1 P-10E

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Single Variable Calculus: Early Transcendentals, Volume I

Precalculus: Mathematics for Calculus (Standalone Book)

Calculus: Early Transcendentals

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Calculus: Early Transcendental Functions

Calculus: An Applied Approach (MindTap Course List)

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Statistics for The Behavioral Sciences (MindTap Course List)

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

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Introduction To Statistics And Data Analysis

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