Farmers can get $8 per bushel for their potatoes on July 1, and after that, the price drops by 8 cents per bushel per day. On July 1, a farmer has 80 bushels of potatoes in the field and estimates

Farmers can get $8 per bushel for their potatoes on July 1, and after that, the price drops by 8 cents per bushel per day. On July 1, a farmer has 80 bushels of potatoes in the field and estimates that the crop is increasing at the rate of 1 bushel per day. When should the farmer harvest the potatoes to maximize revenue?

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Related Book For  answer-question

Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

Question Details
Chapter # 3
Section: Exercises 3.5
Problem: 14
Posted Date: June 01, 2023 08:56:44