12. The daily profit, in dollars, from producing and selling x units of a product is given by the function P(x) = -0.01x2 + 20x - 500 a. What profit do they make if they produce and sell 500 units in a day? b. One day they made $1400. How many units did they produce and sell that day? c. What is the maximum profit they can make? How many units do they need to produce and sell to make the maximum profit?
12. The daily profit, in dollars, from producing and selling x units of a product is given by the function P(x) = -0.01x2 + 20x - 500 a. What profit do they make if they produce and sell 500 units in a day? b. One day they made $1400. How many units did they produce and sell that day? c. What is the maximum profit they can make? How many units do they need to produce and sell to make the maximum profit?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
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