Hi,
P(t)= -16t² + 800t – 4000
the vertex form of a parabola, where(h,k) is the vertex
P(t)= -16(t^2 -50t)-4000) Completing the square to find the vertex
P(t)= -16[(t-25)^2 -625] - 4000
P(t)= -16(t-25)^2 + 10,000 - 4000
P(t)= -16(t-25)^2 + 6000 vertex is (25,6000) OR ordered pair(t,P(t))
parbola opens downward (a<0), vertex is the maximum point for P(t)
a. What ticket price gives the maximum profit? $25
b. What is the maximum profit? $6000
c. What ticket price(s) would generate a profit of $5424?
P(t)= -16t² + 800t – 4000
5424 = -16t² + 800t – 4000
-16t^2 + 800 - 9424 = 0
t = $31
t = $19