Question

The profits in hundreds of dollars, P(c), that a company can make from a product is modeled by a function of the price, c, they charge for the product: P(c) = –20c2 + 320c + 5,120. What is the maximum profit the company can make from the product?

Answer 1

B.) $640,000

Explanation:

Answer 2

6400

Explanation:

Given the profit function ;

P(c) = –20c2 + 320c + 5,120

The maximum value is given by :

f(h) ; where, h = - b /2a

From P(C) ; a = - 20 ; b = 320

h = - b / 2a = - 320 / 2(-20) = - 320 / 40 = 8

c = h

P(8) = –20(8)² + 320(8) + 5,120

P(8) = - 1280 + 2560 + 5120

= 6400