The estimated monthly profit (in dollars) realizable by Cannon Precision Instruments for manufacturing and selling x units of its model M1 digital camera is as follows.
P(x) = -0.06 x^2 + 480 x - 110,000
To maximize its profits, how many cameras should Cannon produce each month?
1 answer
recall that the vertex of a parabola is at x = -b/2a = 480/0.12 = ?
2 answers