2. An ice cream company varies the prices of its pint containers to maximize profit. The equation P (x) =- 80x² + 480x – 570 models the company's profit in thousands of dollars, where x is the price of a pint of ice cream in dollars. a. At what price will the company have received maximum profit? b. What is the maximum profit the company will earn?

2. An ice cream company varies the prices of its pint containers to maximize profit. The equation P (x) =- 80x² + 480x – 570 models the company's profit in thousands of dollars, where x is the price of a pint of ice cream in dollars. a. At what price will the company have received maximum profit? b. What is the maximum profit the company will earn?

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Description: 2. An ice cream company varies the prices of its pint containers to maximize profit. The equationP (x) =- 80x² + 480x – 570 models the company's profit in thousands of dollars, where x is the price of apint of ice cream in dollars.a. At what price w

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter4: Systems Of Linear Equations

Section4.3: Solve Mixture Applications With Systems Of Equations

Problem 4.59TI: The manufacturer of a weight training bench spends $15 to build each bench and sells them for $32....

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The manufacturer of a weight training bench spends $15 to build each bench and sells them for $32. The manufacturer also has fixed costs each month of $25,500. (a) Find the cost function C when x benches are manufactured. (b) Find the revenue function R when x benches are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.