document.write( "Question 1155580: The weekly profit(in dollars) of a company making and selling x virtual pets each week is given by . What is the maximum profit, and how many virtual pets should be made and sold each week to maximize profit?
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Algebra.Com's Answer #778172 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! The weekly profit(in dollars) of a company making and selling x virtual pets each week is given by P(x) = -x^2 + 980x - 3000. \n" ); document.write( " What is the maximum profit, and how many virtual pets should be made and sold each week to maximize profit? \n" ); document.write( ": \n" ); document.write( "-x^2 + 980x - 3000 is quadratic equation, the max value is on the axis of symmetry. \n" ); document.write( " Use the formula x = -b/(2a), where a=-1; b=980 \n" ); document.write( "x = \n" ); document.write( "x = +490 items sold for max profit \n" ); document.write( ": \n" ); document.write( "Find the actual profit at his value \n" ); document.write( "P(x) = -490^2 + 980(490) - 3000 \n" ); document.write( "P(x) = -240100 + 480200 - 3000 \n" ); document.write( "P(x) = $237,100 profit \n" ); document.write( " |