Question: P ( x ) = - 0.015 x 2 + 16.50 x - 2137.50. (b) Find the vertex of the profit function P ( x
P(x) = - 0.015x2 + 16.50x - 2137.50.
(b) Find the vertex of the profit function P(x) using algebra. Show algebraic work.
(c) State the maximum profit and the number of widgets which yield that maximum profit:
The maximum profit is _______________when ____________ widgets are produced and sold.
(d) Determine the price to charge per widget in order to maximize profit.
(e) Find and interpret the break-even points. Show algebraic work.
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