3. The daily profit, P dollars, of a ice cream vendor is modeled by the equation P = -60(x - 4)² + 120, where x is the price of a cone. %3D a) What should the price be to maximize the daily profit? T /1) b) What is the maximum daily profit? T (L/1)
3. The daily profit, P dollars, of a ice cream vendor is modeled by the equation P = -60(x - 4)² + 120, where x is the price of a cone. %3D a) What should the price be to maximize the daily profit? T /1) b) What is the maximum daily profit? T (L/1)
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:3. The daily profit, P dollars, of a ice cream vendor is modeled by the
equation P = -60(x - 4)² + 120, where x is the price of a cone.
a) What should the price be to maximize the daily profit? T_/1)
b) What is the maximum daily profit? T (L/1)
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