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Financial Math
Max Profit — Quiz
Question 3
3
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Max Profit — Quiz
Question 3 • Financial Math
Based on the profit function: P(p)=−2p^2+110p−700 , at what price p does CleanWave achieve maximum profit? The formula to find the x -coordinate of the vertex for a quadratic function is ax^2+bx+c is x=−(b)/(2a)
Answer
A
10 dollars
B
27 point 5 0 dollars
C
17 point 5 0 dollars
D
47 dollars
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