Maximizing Function Word Problem

Maximizing Function Word Problem

Assessment

Interactive Video

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Quizizz Content

Mathematics, Business

11th Grade - University

Hard

The video tutorial explains how to model revenue using polynomials, focusing on a company selling shirts. It covers the impact of price increases on sales and revenue, demonstrating how to create a revenue function. The tutorial includes graphing the function to find maximum revenue and optimal pricing, emphasizing the balance between price and demand.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the relationship between price increases and the number of shirts sold.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How many price increases result in maximum revenue?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the maximum revenue achieved in this model?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the optimal price of a shirt after the maximum revenue is reached?

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OFF