document.write( "Question 224400: Assume the profit earned by an artist in any given year is governed by the function: P(n) = -2n2 + 20n – 30 where n represents the number of paintings sold and P (in thousands of dollars) represents the profit. How many paintings should be sold to create a maximum profit? What is the maximum profit?
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Algebra.Com's Answer #167634 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Assume the profit earned by an artist in any given year is governed by the function: P(n) = -2n2 + 20n – 30 where n represents the number of paintings sold and P (in thousands of dollars) represents the profit. How many paintings should be sold to create a maximum profit? What is the maximum profit? \n" ); document.write( "------ \n" ); document.write( "P is a quadratic with a = -2 and b = 20 (number of paintings need to be sold) \n" ); document.write( "Maximum P occurs at n = -b/2a = -20/-4 = 5 \n" ); document.write( "-------------------------- \n" ); document.write( "P(5) = -2(5)^2 + 20*5 - 30 = -50 + 100 - 30 \n" ); document.write( "P(5) = $20 (maximum profit) \n" ); document.write( "============================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |