recall how to find the vertex of a parabola. In this case, that will be at
x = -b/2a = 500/0.1
Now use that to find P(x)
A profit function is derived from the production cost and revenue function for a given item. The monthly profit function for a certain item is given by P(x)=−0.05x2+500x−100,000, where P is in dollars and x is the number of units sold.
19a. How many units must be sold on a monthly basis to maximize the profit?
19b. Find the maximum profit:
1 answer
1 answer