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P = -0.2x2 + 8x -76
dP/dx = 0 = -0.4x + 8
0.4x = 8
x = 8/0.4
x = 20
Pmax = 4
Graph
2. Find the Maximum Profit
P= -0.1x2 + 4x - 10
dP/dx = 0 = -0.2x + 4
0.2x = 4
x = 4/0.2
x = 20
Pmax = -0.1(400) + 80 - 10
Pmax = -40 + 80 - 10
Pmax = 30
Graph
1. Find the Minimum Cost
C = x2 - 16x + 74
dC/dx = 0 = 2x - 16
2x = 16
x = 16/2
x=8
Cmin = 64 - 128 + 74
Cmin = 10
Graph
2. Find the Minimum Cost
dC/dx = 0 = 2x - 40
2x = 40
x = 40/2
x = 20
Cmin = 5
Graph