Asked by Anonymous
An electronics store is deciding how to price one of its products. The equation
P = -25d^2 + 500d predicts the total profit P as a function of the product's price in dollars d. What price will produce the highest total profit?
P = -25d^2 + 500d predicts the total profit P as a function of the product's price in dollars d. What price will produce the highest total profit?
Answers
Answered by
Steve
this is just a quadratic, so the max is reached at
x = -b/2a = -500/-50 = 10
x = -b/2a = -500/-50 = 10