document.write( "Question 173539This question is from textbook Amsco's Preparing for the Regents Examination Mathematics B
\n" ); document.write( ": 18) The We Make Widgets Company manufactures widgets. They find that when they charge d dollars for each widget, their income, I(d) can be expressed by the formular I(d) = -120d^2 + 14,400d + 100. What price should they charge to maximize their income? If this price is charged, what is their maxium income?\r
\n" ); document.write( "\n" ); document.write( "Please can someone help me and show work, step by step?
\n" ); document.write( "Thank you so much for your time.\r
\n" ); document.write( "\n" ); document.write( "Happy Holidays
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Algebra.Com's Answer #128437 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
I always think of the maximum as being exactly between
\n" ); document.write( "the 2 roots of a parabola (where it crosses the x-axis
\n" ); document.write( "The quadratic formula finds the roots
\n" ); document.write( "\"x+=+%28-b+%2B-+sqrt%28+b%5E2-4%2Aa%2Ac+%29%29%2F%282%2Aa%29+\"
\n" ); document.write( "There is a (+) and a (-) answer, and thoses are the roots
\n" ); document.write( "If you rewrite the formula like this:
\n" ); document.write( "\"x+=+-b%2F2a+%2B-+sqrt%28+b%5E2-4%2Aa%2Ac+%29%2F%282%2Aa%29+\"
\n" ); document.write( "you can see that \"-b%2F2a\" is in the middle and you add
\n" ); document.write( "the 2nd term to get the larger root and subtract the 2nd
\n" ); document.write( "term to get the smaller root.
\n" ); document.write( "So, you just have to find \"-b%2F2a\" to find the maximum
\n" ); document.write( "The general formula for finding roots is
\n" ); document.write( "\"ax%5E2+%2B+bx+%2B+c+=+0\"
\n" ); document.write( "The equation in the problem is (\"d\" replaces \"x\")
\n" ); document.write( "\"I%28d%29+=+-120d%5E2+%2B+14400d+%2B+100\"
\n" ); document.write( "\"a+=+-120\"
\n" ); document.write( "\"b+=+14400\"
\n" ); document.write( "\"c+=+100\"
\n" ); document.write( "\"-b%2F2a+=+-14400%2F%28-240%29\"
\n" ); document.write( "\"-b%2F2a+=+60\"
\n" ); document.write( "This says \"d+=+60\" when \"I%28d%29\" is a maximum
\n" ); document.write( "$60 /widget should be charged to maximize income
\n" ); document.write( "----------------
\n" ); document.write( "The problem wants to know what that income is
\n" ); document.write( "\"I%28d%29+=+-120d%5E2+%2B+14400d+%2B+100\"
\n" ); document.write( "\"I%2860%29+=+-120%2A60%5E2+%2B+14400%2A60+%2B+100\"
\n" ); document.write( "\"I%2860%29+=+-120%2A3600+%2B+864000+%2B+100\"
\n" ); document.write( "\"I%2860%29+=+-432000+%2B+864000+%2B+100\"
\n" ); document.write( "\"I%2860%29+=+432100\"
\n" ); document.write( "The maximum income is $432,100
\n" ); document.write( "You can check the answers by making \"d\" a little
\n" ); document.write( "bit less, say \"59.9\" and finding \"I%28d%29\"
\n" ); document.write( "and a little bit more, say \"60.1\" and finding
\n" ); document.write( "\"I%28d%29\" In both cases, \"I%28d%29\" should be
\n" ); document.write( "less than \"432100\"
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