An entrepreneur starts new companies and sells them when their growth is maximized. Suppose that the annual
Question:
An entrepreneur starts new companies and sells them when their growth is maximized. Suppose that the annual profit for a new company is given by
where P is in thousands of dollars and x is the number of years after the company is formed. If she wants to sell the company before profits begin to decline, after how many years should she sell it?
Transcribed Image Text:
1 P(x) = 42 2 18 x + 1
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Related Book For
Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
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