Saltwater taffy can be sold wholesale for $45 per thousand individual candies. The cost of producing x thousand candies is C(x) = .5x 2 - 3x + 25 (a) What is the revenue function in this situation? (b) What is the profit function in this situation? (c) What number of candies will produce the largest possible profit? (d) What is the maximum profit?

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ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter3: Polynomial And Rational Functions
Section3.1: Quadratic Functions And Models
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Saltwater taffy can be sold wholesale for $45 per thousand individual candies. The
cost of producing x thousand candies is C(x) = .5x

2 - 3x + 25
(a) What is the revenue function in this situation?
(b) What is the profit function in this situation?
(c) What number of candies will produce the largest possible profit?
(d) What is the maximum profit?

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