Question

1. Solve the optimization problem.
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in a certain city, where p(x) = 106 - (x-28). How many candy bars must be sold to maximize revenue?

Recall: Revenue = price x quantity

Which one is correct?

A. 2968 candy bars

B. 1484 thousand candy bars

C. 2968 thousand candy bars

D. 1484 candy bars

2. Use Newton's Method to find the third approximation of the solution to the equation. Start with the given first approximation x₁.

x³ + 5x + 2 = 0; x₁ = -1

Answer 1