document.write( "Question 33152This question is from textbook College Algebra
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document.write( ": A soft-drink vendor at a popular beach analyzes his sales records, and finds that if he sells x cans of soda pop in one day, his profit (in dollars) is given by:\r
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document.write( "P(x) = -0.001x^2 + 3x - 1800\r
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document.write( "What is his maximum profit per day, and how many cans must he sell for maximum profit?\r
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document.write( "Thank you very much! \n" );
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Algebra.Com's Answer #19566 by mukhopadhyay(490)![]() ![]() ![]() You can put this solution on YOUR website! P(x) is a quadratic function representing a function for parabola. \n" ); document.write( "The parabola P(x) opens downward; implying the maximum value of the function (for profit) is attained at its vertex. \n" ); document.write( "The x-coordinate of the vertex is found from -b/2a (for f(x) = ax^2+bx+c); \n" ); document.write( "In this example a=-.001 and b=3 \n" ); document.write( "Thus, x-coordinate of the vertex is 3/.002 = 1500; \n" ); document.write( "P(x) for x=1500 is -.001(225*10^4) + 4500 - 1800 = -2250 + 4500 - 1800 = 450 \n" ); document.write( "Answer: The vendor should sell 1,500 cans of soda to make the highest profit of $450.00. \n" ); document.write( " |