A certain company's main source of income is selling socks. The company's annual profit (in millions of dollars) as a function o
2 answers:
A quadratic function models the profit of the company and the maximum/minimum value of the quadratic function occurs on its vertex.
The given function is:
The equation is already in standard form, the vertex of the parabola as seen from the equation is (5,12)
This mean if the company sets the price of socks to $5 they will earn a maximum profit which is $ 12 million
The given function is:
The equation is already in standard form, the vertex of the parabola as seen from the equation is (5,12)
This mean if the company sets the price of socks to $5 they will earn a maximum profit which is $ 12 million
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