Answer Happy

Posted: **Tue Jul 05, 2022 10:08 am**

: Maximize The Following Total Profit Tp Q Q 5q 2800q 500 1 Finding The Critical Values S 2 Testing The Second Order 1 (28.8 KiB) Viewed 12 times

: Maximize The Following Total Profit Tp Q Q 5q 2800q 500 1 Finding The Critical Values S 2 Testing The Second Order 2 (21.39 KiB) Viewed 12 times

: Maximize The Following Total Profit Tp Q Q 5q 2800q 500 1 Finding The Critical Values S 2 Testing The Second Order 3 (12.19 KiB) Viewed 12 times

Maximize the following total profit TP(Q)=Q³-5Q²+2800Q-500 1. Finding the critical values(s) 2. Testing the second-order condition, and 3. Calculating the maximum profit TP max 1. Find critical values Q's TP'(Q)= Q²- Q+ Critical values are: If both positive or both negative, enter smaller one of two first. If one positive and one negative, enter positive first. Q₁= Which one should be rejected? Which one should be accepted?

2. Second-derivative test. TP"(Q)= TP"( II It is : O<0 O>0 Hence: Ominimum value exists Omaximum value exists B. What is the maximum revenue? TP max=$ round to the nearest cent. A maximum profit of $ is realized when ↑

is realized when items are manufactured and sold. ↑