Question

A company sells widgets. The amount of profit, y, made by the company, is related to the selling price of each widget, x, by the given equation. Using this equation, find out the maximum amount of profit the company can make, to the nearest dollar. y=-15x^2+1039x-7988

Answer 1

$10,004 ??

Explanation:

y = the amount of profit

x= Number of widget.

We know that,

The maximum value of a function only when the value of

Here a= -15 and b=1039

Plug them into x=-(b)/2(a)

y=(-15)(-1039/-30)^2+1039(-1039/-30)-7988

y=10004.016 round up to nearest dollar

y=$10,004