Facebook has a revenue function of R(q) = 5q2 -10q + 600 and a cost function of C(q) = 3q3 + 200, where R(q) and C(q) are measured in thousands of dollars and q represent the number of companies who advertise on their platform measured in hundreds. Facebook has a capacity to advertise for 10,000 companies in any given month on its platform. d) Calculate Facebook's maximum revenue at/for the number of companies needed to maximize its total profit?

Facebook has a revenue function of R(q) = 5q2 -10q + 600 and a cost function of C(q) = 3q3 + 200, where R(q) and C(q) are measured in thousands of dollars and q represent the number of companies who advertise on their platform measured in hundreds. Facebook has a capacity to advertise for 10,000 companies in any given month on its platform. d) Calculate Facebook's maximum revenue at/for the number of companies needed to maximize its total profit?

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter1: Equations, Inequalities, And Mathematical Modeling

Section: Chapter Questions

Problem 22T: On the first part of a 350-kilometer trip, a salesperson travels 2 hours and 15 minutes at an...

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Similar questions

Express the quadratic function f(x)=x2x6 in standard form, and sketch its graph.
On the first part of a 350-kilometer trip, a salesperson travels 2 hours and 15 minutes at an average speed of 100 kilometers per hour. The salesperson needs to arrive at the destination in another hour and 20 minutes. Find the average speed required for the remainder of the trip.
A path of a toy rocket thrown upward from the ground at a rate of 208 ft/sec is modeled by the quadratic function of. h(x)=16t2+208t. When will the rocket reach its maximum height? What will be the maximum height?
For the revenue model in Exercise 10.206 and Exercise 10.210, explain what the x-intercepts mean to the backpack retailer.