Step 1 of 1 estion PROBLEM The total revenue for Janes vacat

Step 1 of 1 estion PROBLEM The total revenue for Jane\'s vacation Rentals is given as the function R(x) 400x -0.2x2, where x is the number of apartments rented What number of apartments rented produces the maximum revenue? ANSWER apartments Answer: KEYPAD

Solution

R(x) = 400x - 0.2x^2 . This is a quadratic function

maximum revenue would occur at the vertex.

for ax^2 +bx +c ; Vertex x = -b/2a

comparing our equation : a= -0.2 ; b = 400

So,No. of apartments x= - (400/-2*0.2) = 400/0.4 = 1000