Precalculus: Mathematics for Calculus, 7th Edition

Published by Brooks Cole
ISBN 10: 1305071751
ISBN 13: 978-1-30507-175-9

Chapter 2 - Review - Exercises - Page 234: 80

Answer

Maximum profit is $88500 for 15000 units sold

Work Step by Step

Given $P(x) = -1500 + 12x - 0.00004x^2$ The maximum profit can be calculated by its maximum determined from its vertex = $\frac{-b}{2a}$ = $\frac{-12}{-0.00008}$ = 15000 When x= 15000, P(15000) = 88500 Maximum profit is $88500 for 15000 units sold
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