SOLUTION: A candy store finds that it can make a profit of P dollars each month by selling x boxes of candy. Using the formula: P(x) = -.0013x2 + 5.5x – 800, how many boxes of candy must the
Algebra.Com
Question 960840: A candy store finds that it can make a profit of P dollars each month by selling x boxes of candy. Using the formula: P(x) = -.0013x2 + 5.5x – 800, how many boxes of candy must the store sell in order to maximize their profits? What is the maximum profit?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A candy store finds that it can make a profit of P dollars each month by selling x boxes of candy. Using the formula: P(x) = -.0013x2 + 5.5x – 800, how many boxes of candy must the store sell in order to maximize their profits? What is the maximum profit?
---
Max occurs when x = -b/(2a) = -5.5/(2*-0.0013) = 2115.38
-----
Max profit = P(2115.38) = $5017.30
--------
Cheers,
Stan H.
-----------
RELATED QUESTIONS
A candy store finds that it can make a profit of P dollars each month by selling x boxes... (answered by ikleyn,math_tutor2020)
A company finds that it can make a profit of P dollars each month by selling
x patterns, (answered by ikleyn)
a company finds that it can make a profit of P dollars each month by selling x patterns,... (answered by Boreal)
The profit(p) a candy store makes in one day when selling x pounds of candy is givin by... (answered by stanbon)
The Cross Country team is selling boxes of candy to raise money for attend a training... (answered by Fombitz)
Your class is selling boxes of flower seeds as a fundraiser the total profit P depends... (answered by Theo)
The monthly revenue achieved by selling x boxes of candy is calculated to be
$... (answered by josmiceli)
the monthly revenue achieved by selling x boxes of candy is calculated to be $... (answered by venugopalramana)
If a company earns a weekly profit of P dollars by selling x patterns, according to the... (answered by stanbon)