SOLUTION: Company ABC’s profit is determined by the following equation: P = 30x + 40y, where x and y are sales of particular products and P is in thousands of dollars. It was determined tha

Algebra ->  Graphs -> SOLUTION: Company ABC’s profit is determined by the following equation: P = 30x + 40y, where x and y are sales of particular products and P is in thousands of dollars. It was determined tha      Log On


   



Question 813621: Company ABC’s profit is determined by the following equation: P = 30x + 40y, where x and y are sales of particular products and P is in thousands of dollars. It was determined that maximum and minimum profit values occur when sales occur in the following ordered pairs: (2,6), (6,4) and (-1,-3). At which pair is the maximum profit and at which pair is the minimum – state the profit.
Answer by richwmiller(17219) About Me  (Show Source):
You can put this solution on YOUR website!
y will be the profit.
find the highest y of (6,4 and -3 )that is the maximum
find the lowest y of (6,4 and -3) that is the minimum