The problem asks to find the maximum revenue for the revenue function $R(x) = 358x - 0.9x^2$. The answer should be rounded to the nearest cent.

AlgebraQuadratic FunctionsOptimizationVertex of a ParabolaRevenue FunctionCalculus (implicit)
2025/5/19

1. Problem Description

The problem asks to find the maximum revenue for the revenue function R(x)=358x0.9x2R(x) = 358x - 0.9x^2. The answer should be rounded to the nearest cent.

2. Solution Steps

To find the maximum revenue, we need to find the vertex of the quadratic function R(x)=358x0.9x2R(x) = 358x - 0.9x^2. This is a quadratic function in the form of R(x)=ax2+bx+cR(x) = ax^2 + bx + c, where a=0.9a = -0.9, b=358b = 358, and c=0c = 0. Since a<0a < 0, the parabola opens downward, so the vertex represents the maximum value of the function.
The x-coordinate of the vertex is given by the formula:
x=b2ax = -\frac{b}{2a}
Substituting the values of aa and bb, we get:
x=3582(0.9)=3581.8=3581.8198.8889x = -\frac{358}{2(-0.9)} = -\frac{358}{-1.8} = \frac{358}{1.8} \approx 198.8889
Now, substitute this value of xx back into the revenue function R(x)R(x) to find the maximum revenue:
R(198.8889)=358(198.8889)0.9(198.8889)2R(198.8889) = 358(198.8889) - 0.9(198.8889)^2
R(198.8889)=71202.22220.9(39556.8765)R(198.8889) = 71202.2222 - 0.9(39556.8765)
R(198.8889)=71202.222235601.1889R(198.8889) = 71202.2222 - 35601.1889
R(198.8889)=35601.0333R(198.8889) = 35601.0333
Rounding to the nearest cent, we get 35601.0335601.03.

3. Final Answer

$35601.03

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