AA small independent company wants to sell its widgets. The following equation determines the profit the company will make based off the price they sell the widget for where x is the price per dollar and P will be the profit in thousands of dollars. P = -2x2 + 40x a.) At what price should they sell the widgets to maximize their profit.

Algebra and Trigonometry (6th Edition)
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ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Tength= 12 square inches
MA small independent company wants to sell its widgets. The following equation determines the profit the company
will make based off the price they sell the widget for where is the price per dollar and P will be the profit in thousands
%3D
of dollars.
P = -2x² + 40x
a.) At what price should they sell the widgets to maximize their profit.
b.) What will be there max profit.
Transcribed Image Text:Tength= 12 square inches MA small independent company wants to sell its widgets. The following equation determines the profit the company will make based off the price they sell the widget for where is the price per dollar and P will be the profit in thousands %3D of dollars. P = -2x² + 40x a.) At what price should they sell the widgets to maximize their profit. b.) What will be there max profit.
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