80. Maximum Profit The profit P (in dollars) generated by sell- ing x units of a certain commodity is given by P(x) = -1500 + 12x - 0.0004.x² What is the maximum profit, and how many units must be sold to generate it?

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 77E: Minimizing cost A company that produces and sells digital cameras has determined that the total...
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80. Maximum Profit The profit P (in dollars) generated by sell-
ing x units of a certain commodity is given by
P(x) = -1500 + 12x - 0.0004.x²
What is the maximum profit, and how many units must be
sold to generate it?
Transcribed Image Text:80. Maximum Profit The profit P (in dollars) generated by sell- ing x units of a certain commodity is given by P(x) = -1500 + 12x - 0.0004.x² What is the maximum profit, and how many units must be sold to generate it?
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