Annual profit in thousands of dollars is given by the function, P(x) = 100√ x - 5 + 3,000, where x is the number of items sold in thousands, x ≥ 5.

1.describe the meaning of the number 5 in the formula, in terms of its meaning in relation to the profit.
2.describe the meaning of the number 3000 in the formula, in terms of its meaning in relation to the profit.
3.find the profit for 5 different values of x
4.will this profit function have a maximum, if so, what is it?
5.what steps should the company take to prepare for your answer to part 5?

Question

Annual profit in thousands of dollars is given by the function, P(x) = 100√ x - 5  + 3,000, where x is the number of items sold in thousands, x ≥ 5.

1.describe the meaning of the number 5 in the formula, in terms of its meaning in relation to the profit.
2.describe the meaning of the number 3000 in the formula, in terms of its meaning in relation to the profit.
3.find the profit for 5 different values of x
4.will this profit function have a maximum, if so, what is it?
5.what steps should the company take to prepare for your answer to part 5?