Question 20
DifferentiationA trader realises 10x − x2 naira profit from the sale of x bags of corn. How many bags will give him the maximum profit?
- A.4
- B.5
- C.6
- D.7
Show the answer and explanation
Answer: B (5)
Explanation
The profit is greatest where its derivative 10 − 2x is zero, i.e. at x = 5 bags.