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Financial Math
Modeling for Business: Part Two — Test
Question 19
19
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Multiple Choice
Modeling for Business: Part Two — Test
Question 19 • Financial Math
At what quantity (in hundreds of subscription boxes) does the farmer achieve the maximum profit? Profit function: P(x)=−(11)/(20)x^2+4x−5 The formula to find the x -coordinate of the vertex for a quadratic function ax^2+bx+c is x=−(b)/(2a)
Answer
A
x is equal to 40 over 11
B
x is equal to 11 over 80
C
x is equal to 40 over 22
D
x is equal to 11 over 40
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At what quantity (in hundreds of subscription…