5. The profit Bickham Inc. makes in selling computers depends on the price of the computer. The profit function that models this is P(x) = -2x² + 36x -54 where P(x) is the profit (in thousands of dollars) and x is the price (in hundreds of dollars). a. Evaluate and interpret P(7) b. What is the maximum profit? (hint: find the vertex)
5. The profit Bickham Inc. makes in selling computers depends on the price of the computer. The profit function that models this is P(x) = -2x² + 36x -54 where P(x) is the profit (in thousands of dollars) and x is the price (in hundreds of dollars). a. Evaluate and interpret P(7) b. What is the maximum profit? (hint: find the vertex)
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CT: Test
Problem 19CT
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![5. The profit Bickham Inc. makes in selling computers depends on the price of the computer.
The profit function that models this is
P(x) = -2x2 + 36x -54
where P(x) is the profit (in thousands of dollars) and x is the price (in hundreds of dollars).
a. Evaluate and interpret P(7)
b. What is the maximum profit? (hint: find the vertex)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F750962b2-8a27-4d23-a3d9-9b96eef37be1%2F388af0d3-f1fa-415a-8758-527ed54e8853%2Fyjt45w9_processed.png&w=3840&q=75)
Transcribed Image Text:5. The profit Bickham Inc. makes in selling computers depends on the price of the computer.
The profit function that models this is
P(x) = -2x2 + 36x -54
where P(x) is the profit (in thousands of dollars) and x is the price (in hundreds of dollars).
a. Evaluate and interpret P(7)
b. What is the maximum profit? (hint: find the vertex)
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