At what quantity (in hundreds of subscription boxes) does the farmer achieve the maximum profit? Profit function: P⁡(x)=−(11)/(20)x^2+4⁢x−5 The formula to find the x -coordinate of the vertex for a quadratic function a⁢x^2+b⁢x+c is x=−(b)/(2⁢a)

Question

At what quantity (in hundreds of subscription boxes) does the farmer achieve the maximum profit? Profit function: P⁡(x)=−(11)/(20)​x^2+4⁢x−5 The formula to find the x -coordinate of the vertex for a quadratic function a⁢x^2+b⁢x+c is x=−(b)/(2⁢a)

Revolt · Accepted Answer

x is equal to 40 over 11

Business Finance and Economics — Test

At what quantity (in hundreds of subscription boxes) does the farmer achieve the maximum profit? Profit function: P⁡(x)=−(11)/(20)x^2+4⁢x−5 The formula to find the x -coordinate of the vertex for a quadratic function a⁢x^2+b⁢x+c is x=−(b)/(2⁢a)

More from this Course

Business Finance and Economics — Test

At what quantity (in hundreds of subscription boxes) does the farmer achieve the maximum profit? Profit function: P⁡(x)=−(11)/(20)​x^2+4⁢x−5 The formula to find the x -coordinate of the vertex for a quadratic function a⁢x^2+b⁢x+c is x=−(b)/(2⁢a)

More from this Course

At what quantity (in hundreds of subscription boxes) does the farmer achieve the maximum profit? Profit function: P⁡(x)=−(11)/(20)x^2+4⁢x−5 The formula to find the x -coordinate of the vertex for a quadratic function a⁢x^2+b⁢x+c is x=−(b)/(2⁢a)