Question

An entrepreneur estimates that the total profit (profit = total revenue minus total cost) from his proposed company will be given by the function P(x) = x3 – 4x2 + 3x – 12, where P is in hundreds of dollars and x is the number of years elapsed after the company starts operations. In how many years (x) will the company break even (no profit, no loss)?

A.1 year
B.2 years
C.3 years
D.4 years
E.6 years