A company's profit when it sells x thousand items is predicted to be P(x) = - 2x² + 868x – 12000. a) What is the company's startup costs? $ 12000 b) How many items does the company need to sell to break even? (to the nearest thousand items) thousand items c) How many items should the company sell to maximize profit? (to the nearest thousand items) thousand items

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter10: Inequalities
Section10.3: Solving Problems Involving Inequalities
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A company's profit when it sells x thousand items is predicted to be
P(x) =
2x2 + 868x - 12000.
-
a) What is the company's startup costs?
$ 12000
b) How many items does the company need to sell to break even? (to the nearest thousand items)
thousand items
c) How many items should the company sell to maximize profit? (to the nearest thousand items)
thousand items
Transcribed Image Text:A company's profit when it sells x thousand items is predicted to be P(x) = 2x2 + 868x - 12000. - a) What is the company's startup costs? $ 12000 b) How many items does the company need to sell to break even? (to the nearest thousand items) thousand items c) How many items should the company sell to maximize profit? (to the nearest thousand items) thousand items
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