A company plans to sell a new type of vacuum cleaner for $280 each. The company’s financial planner estimates that the cost, y, of manufacturing the vacuum cleaners is a quadratic function with a y-intercept of 11,000 and a vertex of (500, 24,000). Which system of equations can be used to determine how many vacuums must be sold for the company to make a profit?
Answer
A
StartLayout Enlarged Left-Brace 1st Row y = 280 x 2nd Row y = negative 0.052 (x minus 500) squared + 24,000 EndLayout
B
StartLayout Enlarged Left-Brace 1st Row y = 280 x 2nd Row y = 0.052 x squared + 11,000 EndLayout
C
StartLayout Enlarged Left-Brace 1st Row y = 280 x 2nd Row y = 0.052 (x minus 500) squared + 24,000 EndLayout
D
StartLayout Enlarged Left-Brace 1st Row y = 280 x 2nd Row y = negative 0.052 (x minus 500) squared + 11,000 EndLayout