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The accountant for a chain of appliance stores finds that the monthly profit P (in dollars) by selling x televisions per month by the function: P(x)= -0.2x^2+76x with 0≤x≤250. a) How many televisions should be sold to maximize their profit? b)What is the maximum profit?
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Hm...Well, If P(x) = -0.2x^2+76x, and I know that 0≤x≤250, then my maximum profit should come when I sell my maximum number of televisions. P(250) = -0.2(250)^2+76(250) = $6500. This is my max profit, while the max number of televisions are being sold; in other words, 250 TV's, because x must be smaller than or EQUAL to 250.
Tell me if I got it right! ^_^
Thank you, I'd let you know as soon as get the results. :)
Coo'!
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