Skyscrapers Corporation is engaged in the manufacturing of standard wide flange section of steel whose selling price is P690. For the average monthly production of wide flange, the cost of production y is approximately related to the number of units produced x by the following equation. y = 0.5x² + 400x + 24,000. What is investment rate corresponding to a volume of production to earn the maximum rate of return of capital

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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Skyscrapers Corporation is engaged in the manufacturing of standard wide
flange section of steel whose selling price is P690. For the average monthly
production of wide flange, the cost of production y is approximately related to
the number of units produced x by the following equation. y = 0.5x² + 400x +
24,000. What is investment rate corresponding to a volume of production to
earn the maximum rate of return of capital
14.14%
13.65%
12.58%
11.45%
Transcribed Image Text:Skyscrapers Corporation is engaged in the manufacturing of standard wide flange section of steel whose selling price is P690. For the average monthly production of wide flange, the cost of production y is approximately related to the number of units produced x by the following equation. y = 0.5x² + 400x + 24,000. What is investment rate corresponding to a volume of production to earn the maximum rate of return of capital 14.14% 13.65% 12.58% 11.45%
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