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Section 3.7 - Day 1 - NOTES-ANSWERSahdhfh
Section 3.7 - Day 1 - NOTES-ANSWERSahdhfh
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SAMPLE PROBLEMS
1. A garden is to be laid out in a rectangular area and protected by a chicken
wire fence. What is the largest possible area of the garden if only 100 running
feet of chicken wire is available for the fence?
4. Find the interval of possible values for this variable from the physical
restrictions in the problem.
5 km
A P B
x 8–x
8 km
4. Find a point in the curve y = x2 that is the closest to the point (18, 0).
Application to economics
• C(x) = total cost of producing x units of a product during some period of time
• R(x) = total revenue from selling x units of the product during the time period
• P(x) = total profit obtained by selling x units of the product during the time period
These are called, repetitively, the cost function, the revenue function, and the profit
function. If all units produced are sold, then these are related by
C(x) = a + M(x)
C ( x)=500,000+80 x + 0.003x 2
and if the production capacity of the firm is at most 30,000 units in a specified
time, how many units of penicillin must be manufactured and sold in that time to
maximize the profit?