Question 3 Essay Worth 10 points)
1 answer:
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Answer:
$551
Step-by-step explanation:
The maximum profit is found where the derivative of the profit function is 0.
y' = -2x +62 = 0
x = 62/2 = 31
Then the maximum profit is ...
y = (-x +62)x -410
y = (-31 +62)(31) -410 = 961 -410 = 551
Assuming the profit is in dollars, the maximum profit the company can make is 551 dollars.
