Scribd
Upload
29 views14 pages

PPT3 Quadratic Functions

This document provides an overview of topics covered in Week 3 of a Business Mathematics course, including quadratic functions, graphing quadratic functions, and applications. Quadratic functions are defined as degree 2 polynomial functions of the form f(x) = ax^2 + bx + c where a ≠ 0. The graph of a quadratic function is a parabola that opens upward if a > 0 and downward if a < 0. Non-linear systems contain at least one non-linear equation and can be solved by substituting one variable into another equation. Applications include using revenue functions R = PxQ to find the production quantity that maximizes total revenue for a manufacturer.

Uploaded by

Rano Acun
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
29 views14 pages

PPT3 Quadratic Functions

This document provides an overview of topics covered in Week 3 of a Business Mathematics course, including quadratic functions, graphing quadratic functions, and applications. Quadratic functions are defined as degree 2 polynomial functions of the form f(x) = ax^2 + bx + c where a ≠ 0. The graph of a quadratic function is a parabola that opens upward if a > 0 and downward if a < 0. Non-linear systems contain at least one non-linear equation and can be solved by substituting one variable into another equation. Applications include using revenue functions R = PxQ to find the production quantity that maximizes total revenue for a manufacturer.

Uploaded by

Rano Acun
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
You are on page 1/ 14

MATH6102

Business Mathematics

Week 3

Quadratic Functions
Course Outline

 Quadratic Functions
 Graphing a Quadratic Function
 Non Linear System
 Applications
QUADRATIC FUNCTIONS
• A quadratic function was defined as a polynomial function of
degree 2
• Quadratic function is written as
f  x   ax 2  bx  c
where a, b and c are constants and a≠0
• Example, f  x   x 2  3x  2
1
• f ( x)  2 , is not quadratic
x
GRAPHING A QUADRATIC
FUNCTION
The graph of quadratic function y  f  x   ax 2
 bx  c
is a parabola
1. If a > 0, the parabola opens upward. If a < 0, the parabola
b b  4ac 
2

opens downward.   2a , 4a 

2. The vertex is
3. The y-intercept is c
4. Axis of symmetry, factorial or
Example: Graphing a Quadratic Function

Graph the quadratic function Y  f  x    X 2  4 X  12

Solution:
1. a = -1, b= -4, c = 12, so a < 0, it opens downward
2. The vertex
b
is (-2, 16)
4
X    2
2a 2(1)
b 2  4ac ( 4) 2  4( 1)(12)
Y    16
4a 4(1)

3. Y = 12
4. Axis of symmetry - factorial
0  X 2
 4 X  12
0   X  6  X  2 
X 1  6 and X 2  2
NON LINEAR SYSTEM
• A system of equations with at least one nonlinear equation is
called a nonlinear system.
• if a nonlinear system contains a linear equation, usually solve
the linear equation for one variable and substitute for that
variable in the other equation
• Example,  x 2  2x  y  7  0

 3x  y  1  0

Solution: x 2  2 x   3 x  1  7  0
x2  x  6  0
 x  3  x  2  0
x  3 or x  2
y  8 or y  7
APPLICATIONS
• To maximize revenue, we must determine the revenue
function R = f(Q)
• Total revenue formula:
R = PxQ
where:
R = total revenue
P = price
Q = quantity
Example: Maximum Revenue

The demand function for a manufacturer’s


product is P = 1000 – 2Q, where P is the price
(in dollars) per unit and Q are demanded per
week (units ) by consumers. Find the level of
production that will maximize the
manufacture’s total revenue, and determine
this revenue.
Solution:
R = PxQ
R = (1000 - 2Q)xQ
R = 1000Q – 2Q2
R = – 2Q2 + 1000Q
1. a = -2, b= 1000, c = 0, so a < 0, it opens downward
2. The vertex is b 1000 b 2  4ac (1000) 2  4(2)(0)
Q   250 R   125.000
3. y = 0 2a 2(2) 4a 4(2)
4. Axis of symmetry – factorial
R
0  2Q  1000Q
2

0   Q  0   2Q  1000  125.000

Q1  0 and Q 2  500
So, the level of production that will
maximize the manufacture’s total revenue is 500
Revenue is R = – 2(500)2 + 1000(500) = 125.000 0 250 500
Q
Thank You

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy