Question

A florist currently makes a profit of $20 on each of her celebration bouquets and sells an average of 30 bouquets every week. She noticed that when she reduces the price such that she earns $1 less in profit from each bouquet, she then sells three more bouquets per week. The relationship between her weekly profit, P(x), after x one-dollar decreases is shown in the graph below.

A graph for p of x is a downward open parabola with its vertex at (5, 725) and passes through the points (negative 10, 0), and (20, 0).

Use the graph to complete each statement about this situation.

The maximum profit the florist will earn from selling celebration bouquets is $.
The florist will break-even after one-dollar decreases.
The interval of the number of one-dollar decreases for which the florist makes a profit from celebration bouquets is ( , ).

Answer 1

The maximum profit the florist will earn from selling celebration bouquets is $725.

The florist will break-even after one-dollar decreases when her profit is zero. From the graph, this occurs at x = 10. So the florist will break-even after 10 one-dollar decreases.

The interval of the number of one-dollar decreases for which the florist makes a profit from celebration bouquets is (0, 10). This is because the profit is positive for values of x between 0 and 10, and becomes negative after 10.

Explanation: