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May 25, 2015

Homework Help: Grade 11 U math

Posted by Jamie on Saturday, November 5, 2011 at 9:49pm.

A 135-kg steer gains 3.5kg/day and costs 80 cents/day to keep. The market price for beef cattle is $1.65/kg, but the price falls by 1 cent/day. When should the steer be sold to maximize profit?

Revenue= (Price/units)(#of units)
Cost=(cost/unit)(# of units) + set costs
Profit= Revenue-Expenses.
show the revenue and costs.
put in vertex form.

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