Worked Examples · Example 4
Q.A firm's total revenue function is , where is the number of units sold.
(i) Show that is a quadratic function of .
(ii) Find the number of units at which revenue is maximum, and the maximum revenue.
(iii) Find the values of for which revenue is zero.
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Start your 14-day free trial to unlock the full solution →- Standard form. is of the form with , , — since , is a quadratic function of . As , its graph is a downward-opening parabola, so it has a maximum (not a minimum).
- Output at which revenue is maximum.
Maximum revenue:(iii) Values of for which revenue is zero. …
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