The table below describes a lawn mowing company's revenues from different numbers of lawn mowers.If the price of a lawn mower is $1,200,how many mowers should the company buy?

Question

Quizplus · Accepted Answer

The company should aim to maximize revenue, so we need to look for the point of diminishing returns: where each additional mower leads to a decrease in revenue. From the table, we can see that revenue increases up to 4 mowers and then decreases for 5 mowers. Therefore, the optimal number of mowers to buy is 4, and the company should not buy any more than that.

The Table Below Describes a Lawn Mowing Company's Revenues from Different