Question 1183271
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a) Solve P=0:<br>
{{{-2k^2+12k-10=0}}}
{{{k^2-6k+5=0}}}
{{{(k-1)(k-5)=0}}}
{{{k=1}}} or {{{k=5}}}<br>
ANSWERS: The profit is 0 when k is 1 or 5 -- that is, when either 1000 or 5000 key rings are produced per day.<br>
b) Using the symmetry of the parabolic graph, the maximum profit is when k is halfway between the two zeros of 1 and 5 -- i.e., when k=3.<br>
ANSWER: The maximum profit is when 3000 key rings are produced per day.<br>
c) The maximum profit is P(3):<br>
{{{-2(3^2)+12(3)-10 = -18+36-10 = 8}}}<br>
ANSWER: The maximum profit is 8000 dollars