A company’s revenue (in thousands of dollars) after months satisfies for

MATHEMATICS · Subjective · CBSE · Mathematics · Applications of Derivatives · Applications of Derivatives

Problem

A company’s revenue (in thousands of dollars) R(t)R(t) after tt months satisfies R′(t)=t2−10t+21R'(t)=t^{2}-10t+21 for 0≤t≤120\le t\le 12. Determine the month(s) within this interval at which the revenue reaches a local minimum, and justify your answer using the behavior of R′(t)R'(t).

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