Question: A local internet provider is constructing a function that will model its profits (P) in thousands of dollars (USD) as a function of the

A local internet provider is constructing a function that will model its

A local internet provider is constructing a function that will model its profits (P) in thousands of dollars (USD) as a function of the number of internet subscribers (s) in hundreds of people. To accomplish this, they have already constructed the function R(s) for revenue and E(s) for expenses, both measured in thousands of dollars. R(s) = 40 In(s + 1) E(s) 10e0.1s = Find how many hundreds of subscribers are necessary to maximise the company's profit.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!