College Algebra 7th Edition

Published by Brooks Cole
ISBN 10: 1305115546
ISBN 13: 978-1-30511-554-5

Chapter 3, Polynomial and Rational Functions - Section 3.1 - Quadratic Functions and Models - 3.1 Exercises - Page 289: 54

Answer

He needs to sell $1500$ cans of soda pop to gain a maximum profit of $450$ dollars.

Work Step by Step

$P(x)=-0.001x^2+3x-1800$ The maximum value of the function occurs at: $x=\frac{-b}{2a}=\frac{-3}{-0.002}=1500$ Therefore, our maximum profit is: $P(1500)=-0.001*1500^2+3*1500-1800=-0.001*2250000+4500-1800=-2250+2700=450$ In conclusion, his maximum profit is $450$ dollars when he sells $1500$ cans of soda pop.
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