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Jun 30 2014 07:04pm
I have two quick questions if anyone can just set it up for me and tell me what do do, thanks in advance.


1) A farmer has 1400ft of fence with which to fence a rectangular plot of land. the plot lies along a river so the only three sides need to be fenced. Estimate the largest area that can be fenced.

2) An art teacher knows that for a price of $28 per student, she can enroll 60 students in her pottery class. However, for each decrease of $2 in the price, she can expect 10 more students. What price will maximize her revenue from the class?

Giving fg if you want


This post was edited by egodiw2w on Jun 30 2014 07:08pm
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Jun 30 2014 07:21pm
a rectangle's area is length*width

total length =1400

2 equations
plug length equ into area equ

-----------

money= price* students
add a variable to account for 1 incremental change in price/students

(price - (2*variable) )
(students+variable*10)

This post was edited by saber_x3 on Jun 30 2014 07:22pm
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Jul 1 2014 12:02am
Could.someone expand more on it, or actually solve it step by step (will give fg).

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Jul 1 2014 08:40am
For the second one:

Let:
r = revenue
p = price charged per student
n = number of students enrolled in the class

Hopefully it is intuitive that revenue is a function of price and enrollment:
Code
r = p * n


We can also express the number of students enrolled as a function of price.

Code
n = 60 + 10 ((28 - p)/2)

where (28-p) / 2 represents the number of decrease by $2

Substituting:

Code
r = p (60 + 10 ((28 - p)/2))


Expanding:

Code
200p -5p^2


To find the maximum: Take the first derviative of the above expression and set it equal to 0.


Code
200 - 10p = 0

p = 20


If you don't undestand the derivative bit, you can always graph the function to see how price and revenue are interacting.

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Jul 1 2014 11:55am


You know that Area = L * W

so A(x) = x(1400-2x)
= 1400x - 2x^2

You now have a quadratic, where a = -2 and b = 1400

Does this sound familiar?

Maximum area is where x = - b/2a
-1400 / 2(*-2)
350 ft


Plug back into our "Length" which we decided up there in the illustration is 1400 - 2x
1400 - 2(350)
700 ft


Max fence should be 700 ft (legnth) x 350 ft (width)


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Jul 4 2014 11:11am
The amount of fenced in area would be the same no matter how you positioned the fencing. If you're looking for the most amount of space, that's a different question entirely.
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