A company's profit is described by the formula P(x) = -5x2 + 600x + 15, 000, where x is the price in dollars that the company charges for its product. What should the company charge for the product to generate the maximum profit, P? O $25 O $55 O $60 O $120

A company's profit is described by the formula P(x) = -5x2 + 600x + 15, 000, where x is the price in dollars that the company charges for its product. What should the company charge for the product to generate the maximum profit, P? O $25 O $55 O $60 O $120

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter8: Rational Expressions And Equations

Section8.9: Use Direct And Inverse Variation

Problem 507E: The distance an object falls varies directly to the square of the time it falls. If an object falls...

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A company's profit is described by the formula P(x) = -5x² + 600x + 15, 000, where x is the price in dollars that
the company charges for its product. What should the company charge for the product to generate the maximum
profit, P?
%3D
O $25
O $55
O $60
O $120

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