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anonymous
 5 years ago
Annual profit in thousands of dollars is given by the function, P(x) = .01x2 + 50x + 30,000, where x is the number of items sold, x ≥ 0.
will this profit function have a maximum? if so what would it be?
anonymous
 5 years ago
Annual profit in thousands of dollars is given by the function, P(x) = .01x2 + 50x + 30,000, where x is the number of items sold, x ≥ 0. will this profit function have a maximum? if so what would it be?

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anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0would i use the formula x=b/2a

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0you can derive it to get the maximum y'=.02x+50 try getting the critical points .02x + 50 = 0 50=.02x x= 2500 get the y y= .01(2500)^2 + 50(2500)+30000 y= 62500 + 125000 + 30000 y= 92500 the function has a maximum 92500 at x = 2500

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0so the max weekly profit is approx 92,500 when 2,500 units are sold

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0so then what steps should the company do to prepare for my answer which was 92,500 was the max weekly profit when 2,500 units are sold?

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0can someone help me with this one question?
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