A company's profit function based on advertising dollars spent is P(x) = 200 + 27x - 0.3x^2, where x is the number of dollars spent on advertising and P(x) is the profit in dollars. Find the company's maximum possible profit...

Question

A company's profit function based on advertising dollars spent is P(x) = 200 + 27x - 0.3x^2, where x is the number of dollars spent on advertising and P(x) is the profit in dollars.  Find the company's maximum possible profit...

anonymous · Answer

In order to solve this problem, you need to find the maximum point. This is done by the formula X = (-B / 2A )  which is -27/2(-0.3) = X , now plug the X value back into equation and you will get the Y value. The X,Y cordinate you recieve will be your maximum point.

jrmeyer · Answer

Awesome - thank you!

anonymous · Answer

No Problem! , Make sure you remember how i did this and know that a Vertex can either be a maximum or a minimum point on a graph. ( put it in a graphing calculator and you'll see)