SOLUTION: The profit, P, of a video company (in thousands of dollars), is given by P\left(x\right)=-5x^2+550x-5000, where x is the amount spent of advertising, in thousands of dollars. How

Question 1152048: The profit, P, of a video company (in thousands of dollars), is given by P\left(x\right)=-5x^2+550x-5000, where x is the amount spent of advertising, in thousands of dollars.
How much should be spent on advertising to achieve a maximum profit?
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
quadratic where p=-5x^2+550x-5500
x-value at vertex (maximum) is -b/2a or -550/-10=55
p(55)=-15125+30250-5000
=$10125 thousands

RELATED QUESTIONS
The profit, P, of a video company in thousands of dollars, is given by P = -5x^2 + 550x (answered by ramkikk66)

The profit, P, of a video company in thousands of dollars, is given by P = -5x^2 + 550x (answered by ramkikk66)

The profit P, of a video company (in thousands of dollars) is given by P(x) =... (answered by nerdybill)

The profit function for a computer company is given by P(x) = -x^2+20 x - 26 where x is... (answered by ikleyn)

the profit [in thousand dallors of a company is given by... (answered by josgarithmetic)

The profit function for a computer company is given by P(x) = -x^2+ 25x - 24 where x is... (answered by stanbon)

Can you help me please? Annual profit in thousands of dollars is given by the... (answered by josmiceli)

The profit function for a computer company is given by P(x)=−x^2+22x−18 where (answered by jim_thompson5910,josmiceli)

A company's profit, in thousands of dollars, on sales of computers is modelled by the... (answered by stanbon)