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 declin...

An entrepreneur starts new companies and sells them when their growth is maximized. Suppose that the annual

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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

1 P(x) = 42 2 18 x + 1

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?

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Mathematical Applications For The Management, Life And Social Sciences

ISBN: 9781337625340

12th Edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Nov 05, 2020 06:27 AM

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An entrepreneur starts new companies and sells them when their growth is maximized. Suppose that the annual

Question:

1 P(x) = 42 2 18 x + 1

Step by Step Answer:

Px 42 1 2 1 Px X 18 ...View the full answer

Mathematical Applications For The Management, Life And Social Sciences

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