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5. The profit Bickham Inc. makes in selling computers depends on the price of the computer. The profit function that models this is P(x) = -2x² + 36x -54 where P(x) is the profit (in thousands of dollars) and x is the price (in hundreds of dollars). a. Evaluate and interpret P(7) b. What is the maximum profit? (hint: find the vertex)

5. The profit Bickham Inc. makes in selling computers depends on the price of the computer. The profit function that models this is P(x) = -2x² + 36x -54 where P(x) is the profit (in thousands of dollars) and x is the price (in hundreds of dollars). a. Evaluate and interpret P(7) b. What is the maximum profit? (hint: find the vertex)

College Algebra (MindTap Course List)
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 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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5. The profit Bickham Inc. makes in selling computers depends on the price of the computer. The profit function that models this is P(x) = -2x2 + 36x -54 where P(x) is the profit (in thousands of dollars) and x is the price (in hundreds of dollars). a. Evaluate and interpret P(7) b. What is the maximum profit? (hint: find the vertex)
Transcribed Image Text:5. The profit Bickham Inc. makes in selling computers depends on the price of the computer. The profit function that models this is P(x) = -2x2 + 36x -54 where P(x) is the profit (in thousands of dollars) and x is the price (in hundreds of dollars). a. Evaluate and interpret P(7) b. What is the maximum profit? (hint: find the vertex)
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