Annual profit in thousands of dollars is given by the function, P(x) = -.01x2 + 50x + 30,000, where x is the number of items sold, x ≥ 0.

So then what steps should the company do to prepare for my answer which was 92,500 was the max weekly profit when 2,500 units are sold?

Question

Annual profit in thousands of dollars is given by the function, P(x) = -.01x2 + 50x + 30,000, where x is the number of items sold, x ≥ 0.

So then what steps should the company do to prepare for my answer which was 92,500 was the max weekly profit when 2,500 units are sold?

dumbcow · Answer

Are you looking for the steps in which to obtain max profit given quadratic function?
If so you can use x = -b/2a where a,b,c correspond to coefficients of function.
This gives the x value of where our max occurs, this is where the 2500 units comes from.
To get the y value (92500) substitute x value into function.
->P(2500) = 92500
Does that help?

anonymous · Answer

yes
 thanks

anonymous · Answer

can one of the two of u help me with the same math problem but different part of it please