SOLUTION: Suppose that the equation p(x) = -4x2 + 400x - 1000, where x represents the number of items sold, describes the profit function for a certain business. How many items should be sol

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Question 764740: Suppose that the equation p(x) = -4x2 + 400x - 1000, where x represents the number of items sold, describes the profit function for a certain business. How many items should be sold to maximize the profit?
Answer by KMST(5328) About Me  (Show Source):
You can put this solution on YOUR website!
WITHOUT MEMORIZED FORMULAS OR NAMES:
The function p%28x%29+=+-4x%5E2+%2B+400x+-+1000 can be re-written in a form that gives you a better understanding (and the answer to the problem.
p%28x%29+=+-4x%5E2+%2B+400x+-+1000 --> p%28x%29+=+-4x%5E2+%2B400x-10000%2B900%29 --> p%28x%29=-4%28x%5E2-100x%2B2500%29%2B9000 --> p%28x%29=-4%28x-50%29%5E2%2B9000
When highlight%28x=50%29 the firt term is zero -4%28x-50%29%5E2=0
and p%28x%29=p%2850%29=9000.
For any other value of x, -4%28x-50%29%5E2%3C0 and p%28x%29%3C9000,
so highlight%28x=50%29 is the number of items sold that maximizes the profit,
and p%2850%29=9000 is the maximum profit possible.

WITH WORDS AND FORMULAS TO MEMORIZE:
p%28x%29+=+-4x%5E2+%2B+400x+-+1000 is a highlight%28quadratic%29 function (meaning a polynomial of degree 2).
A quadratic function, like p%28x%29+=+-4x%5E2+%2B+400x+-+1000graph%28300%2C300%2C-20%2C100%2C-1000%2C10000%2C-4x%5E2+%2B+400x+-+1000%29
graphs as a highlight%28parabola%29 and has a maximum or a minimum (the highlight%28vertex%29 of the parabola).
If the leading coefficient is negative, the function has a maximum. Otherwise, it's a minimum.
Quadratic functions are of the form f%28x%29=ax%5E2%2Bbx%2Bc
(or f%28x%29=a%28x-h%29%5E2%2Bk when in vertex form).
The number you want to find is highlight%28h=-b%2F2a%29, the x-coordinate of the vertex of the parabola, which is part of
x=h, the equation of the axis of symmetry of the parabola.
If your teacher insist on memorization of formulas, you may have to memorize h=-b%2F2a, and for your problem you would write
a=4, b=-400 --> h=-%28-400%29%2F%282%2A4%29 --> h=50