SOLUTION: A candy store finds that it can make a profit of P dollars each month by selling x boxes of candy. Using the formula: P(x) = -.0013x2 + 5.5x – 800, how many boxes of candy must the
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-> SOLUTION: A candy store finds that it can make a profit of P dollars each month by selling x boxes of candy. Using the formula: P(x) = -.0013x2 + 5.5x – 800, how many boxes of candy must the
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Question 960840: A candy store finds that it can make a profit of P dollars each month by selling x boxes of candy. Using the formula: P(x) = -.0013x2 + 5.5x – 800, how many boxes of candy must the store sell in order to maximize their profits? What is the maximum profit? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! A candy store finds that it can make a profit of P dollars each month by selling x boxes of candy. Using the formula: P(x) = -.0013x2 + 5.5x – 800, how many boxes of candy must the store sell in order to maximize their profits? What is the maximum profit?
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Max occurs when x = -b/(2a) = -5.5/(2*-0.0013) = 2115.38
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Max profit = P(2115.38) = $5017.30
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Cheers,
Stan H.
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