Dragon's Den 2

DP
by Dhanushya Patel1 view·Updated Jan 29, 2021

Audio TranscriptAuto-generated

  1. So here we grab the profit function on Dhe.
  2. Let's have other key points.
  3. So these are key points.
  4. Notice how there's three here not to like the other
  5. function. We'll talk about more about this later.
  6. Our other key point is our Vertex, and our Vertex
  7. is at 634 on the Y.
  8. Value or with the white Pregnant is 40,141 0.89.
  9. So our domain here is X is an element of
  10. natural numbers such that X is equal to or greater
  11. than 0.7 to 9, which is technically one on but
  12. less than or equal to 1268.
  13. A range here is why is an element off natural
  14. Sorry. Why is the elemental feel numbers such that X
  15. is equal to or greater than zero, but less than
  16. or equal to 40,141 00.89 our except except our national
  17. numbers. So on the graph they showed us that the
  18. X intercepts were 3rd 0.7 to 9 and 1268.
  19. So, however, since we can have half a product, sorry
  20. we Since we can't have a portion of a product.
  21. We must run that up to one.
  22. So that means that if I sell one product or
  23. 1260 products, I will not make any revenue.
  24. I'll just break even however my wife is set.
  25. On the other hand, I will suffer a loss when
  26. I sell your products.
  27. So that means that if when I sell your products,
  28. I will suffer loss off $92.46 How on my vertex,
  29. please the very Texas at the corner and provided.
  30. So that means you don't achieve the maximum profit.
  31. I must sell 634 books now, before we upset any
  32. mathematicians will also address the following question Our function waas
  33. a off our off T where we needed time to
  34. find the radius and we needed the radius which is
  35. our T to find The area is our off c
  36. X Have a similar many walked.
  37. Let's look at the answer.
  38. The answer is no.
  39. For the first scenario which Waas are off Sorry, which
  40. was a off our of tea.
  41. We were required to no time to determine the race
  42. and So we need the radius function to find the
  43. area function.
  44. So that's why they were within each other.
  45. We needed there.
  46. Read it.
  47. We need the radius function because the area function dependent
  48. on their radius.
  49. And that's how we determined our area.
  50. But however, in our revenue function, we did not require
  51. it. The cost function at all we do not need.
  52. What are we do not need the cost of each
  53. product because it was not needed at all.
  54. The cost function was used to determine our profit function,
  55. not our revenue.
  56. There was a difference, but we thank you for everything.
  57. Hope he any other questions?