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A company sells widgets. The amount of profit, y, made by the company, is related to the selling price of each widget, x, by the given
Question
A company sells widgets. The amount of profit, y, made by the company, is related to
the selling price of each widget, x, by the given equation. Using this equation, find out
the maximum amount of profit the company can make, to the nearest dollar.
y = -3×2 + 346x – 3557
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Mathematics
3 years
2021-08-18T00:38:27+00:00
2021-08-18T00:38:27+00:00 1 Answers
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Answers ( )
This is a quadratic function which has its biggest value at P = (p, q) where .
This means the company can make $6419.