lexirose0518
Answered

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A company sells widgets. The amount of profit, y, made by the company, is related to the selling price of each widget, x, by the given equation. Using this equation, find out what price the widgets should be sold for, to the nearest cent, for the company to make the maximum profit.

y=-15x^2+801x-5900​

Sagot :

absor201

Answer:

The widgets should be sold for $26.7 for the company to make the maximum profit.

Step-by-step explanation:

Given the quadratic equation

[tex]f\left(x\right)=-15x^2+801x-59000[/tex]

As the leading coefficient is (-3), so the graph would be a downward Parabola.

Thus, the maximum profit would be at the vertex.

The selling price 'x' can be determined by determining the x-coordinate of the vertex.

In order to calculate the x-coordinate of the vertex, we can find this by

x = -b/2a

where a = -15 and b = 801

x = -801 / 2(-15)

x = -801/-30

x = 801/30

x = 267/10

x = 26.7

Therefore, the widgets should be sold for $26.7 for the company to make the maximum profit.

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