6. A cellphone retail store receives a shipment of new cell phones to sell. The profit earned by sellingthe cell phone is modelled by the function P(x) = -5x² + 450x + 1875, where P(x) is the profit and x is the price of the cell phone. Use the appropriate rate of change in profit calculations to show that the maximum profit is reached when the price of the cell phone is $45.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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6. A cell phone retail store receives a shipment of new cell phones to sell.
The profit earned by sellingthe cell phone is modelled by the function
P(x) = -5x² + 450x + 1875, where P(x) is the profit and x is the price of the cellphone. Use the
appropriate rate of change in profit calculations to show that the maximum profit is reached
when the price of the cell phone is $45.
Transcribed Image Text:6. A cell phone retail store receives a shipment of new cell phones to sell. The profit earned by sellingthe cell phone is modelled by the function P(x) = -5x² + 450x + 1875, where P(x) is the profit and x is the price of the cellphone. Use the appropriate rate of change in profit calculations to show that the maximum profit is reached when the price of the cell phone is $45.
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