Question

A company sells widgets. The amount of profit, y, made by the company, is related tothe selling price of each widget, x, by the given equation. Using this equation, find outwhat price the widgets should be sold for, to the nearest cent, for the company tomake the maximum profit.y = -6x² + 190x-826

Answer 1

Step-by-step explanation:

Given the below quadratic equation;

`y=-6x^2+190x-826`

If we were to graph the above quadratic function, it would give us a parabola that opens downwards due to the fact that the coefficient of x^2 is negative.

The maximum profit then will be at the vertex of the graph, so to determine the maximum point, we have to 1st find the value of x at the vertex of the gr