SOLUTION: Janie's Crafts produces bracelets. The weekly profit the company receives for selling x bracelets is given by P9x)= -0.01x^2 + 50x - 30,000; P(x) is the profit. Because you cannot
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-> SOLUTION: Janie's Crafts produces bracelets. The weekly profit the company receives for selling x bracelets is given by P9x)= -0.01x^2 + 50x - 30,000; P(x) is the profit. Because you cannot
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Question 551788: Janie's Crafts produces bracelets. The weekly profit the company receives for selling x bracelets is given by P9x)= -0.01x^2 + 50x - 30,000; P(x) is the profit. Because you cannot sell a negative number of bracelets, for the following questions only consider the function for x> 0.
Use your graphing calculator to graph P(x), where you should consider a y window size around + 40,000. (T83)
hOW MANY BRACELETS NEED TO BE MADE TO MAXIMIZE PROFIT?
What is the max profit?
You can put this solution on YOUR website! Recall that the vertex of a parabola occurs at . In this case the vertex is at . Hence, 2,500 bracelets will maximize the profit. To find profit, simply find P(2500). You should get 32500 as your result.
