Maximize Profit | 2 ways
Автор: Math Tutorials
Загружено: 2022-06-15
Просмотров: 204
In this example problem, we use the given information to create a revenue function and a cost function. We then use those to create a profit function. We take its derivative and set it equal to zero, then solve down to find our critical value (number). We then use the 2nd derivative test to verify that our critical number will give us a maximum profit. We then work the problem a second way, by taking the derivative of the revenue function and the cost function to give us the marginal revenue and marginal cost functions. These are set equal to each other and we solve the resulting equation to find the same value of q that will maximize our profit.
This video contains examples that are from Business Calculus, 1st ed, by Calaway, Hoffman, Lippman. from the Open Course Library, remixed from Dale Hoffman's Contemporary Calculus text. It was extended by David Lippman to add several additional topics. The text is licensed under the Creative Commons Attribution license. http://creativecommons.org/licenses/b...
Доступные форматы для скачивания:
Скачать видео mp4
-
Информация по загрузке:
![Как решить ЛЮБУЮ задачу оптимизации [Calc 1]](https://imager.clipsaver.ru/cUMvwG7wvzM/max.jpg)
