Question

What does the maximum value of a parabola represent?

Answer 1

the vertex in this case it is the maximum vertex

Answer 2

depends on the parabola

Answer 3

The highest point (vertex) is at (120,3)

Answer 4

And crosses the x axis at 0 and 6

Answer 5

unless the parabola is modeling an event, then there is no good answer to what the max value of the parabola represents.

Answer 6

THe question says, a company's profit depending on the price of pens.

Answer 7

oh, then it represents the maximinum ______ of the company. if they sell x amount of pens, then they can make a maximum of _______ .

Answer 8

The maximum profit the company makes? I dont understand why it is a parabola though.

Answer 9

depending on the cost to revenue structure of a company, the amount of profit they can make takes in many factors.

Answer 10

spose we have revenue as: r = px for a given price

the cost to produce an item is generally given as c = f + vx for some fixed and variable cost.

but these are simplistic models at best.