A company that manufactures handbags has determined that the dollar cost of producing handbags per month is given by the quadratic equation:  c(x) = 0.007x2   + 56.49x + 4639  What must be the monthly production so that the company obtains the maximum profit, if each bag is sold for $84?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.5: Solving Quadratic Equations By Completing The Square
Problem 27PPS
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A company that manufactures handbags has determined that the dollar cost of producing handbags per month is given by the quadratic equation:  c(x) = 0.007x2   + 56.49x + 4639 

What must be the monthly production so that the company obtains the maximum profit, if each bag is sold for $84?

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