Answer:
StartLayout Enlarged Left-Brace 1st Row y = 280 x 2nd Row y = negative 0.052 (x minus 500) squared + 24,000 EndLayout
Explanation:
Given that:
Cost per cleaner = $280
The cost of x vacuum cleaners will be :
Cost per cleaner * number of cleaners
$280 * x
= $280x
The general vertex firm equation :
y-k = a(x-h)^2
Vertex = (500, 24000) ; Vertex = (h, k)
h = 500 ; k =24000 y= 11000, x = 0
y intercept = 11000
Plugging the values :
11000 - 24000 = a(0 - 500)^2
- 13000 = a(-500)^2
-13000 = a * 250000
a = - 13000 / 250000
a = - 0.052
Hence,
y - 24000 = a(0 - 500)^2
y = - 0.052(0 - 500)^2 + 24000