The monthly profit for a company that makes decorative picture frames depends on the price per frame. The company determines that the profit is approximated by f ( p ) = − 80 p 2 + 3440 p − 36 , 000 , where p is the price per frame and f ( p ) is the monthly profit based on that price. a . Find the price that generates the maximum profit. b. Find the maximum profit. c. Find the price(s) that would enable the company to break even.
The monthly profit for a company that makes decorative picture frames depends on the price per frame. The company determines that the profit is approximated by f ( p ) = − 80 p 2 + 3440 p − 36 , 000 , where p is the price per frame and f ( p ) is the monthly profit based on that price. a . Find the price that generates the maximum profit. b. Find the maximum profit. c. Find the price(s) that would enable the company to break even.
Solution Summary: The author calculates the maximum profit of a small company that makes decorative picture frames.
The monthly profit for a company that makes decorative picture frames depends on the price per frame. The company determines that the profit is approximated by
f
(
p
)
=
−
80
p
2
+
3440
p
−
36
,
000
, where p is the price per frame and
f
(
p
)
is the monthly profit based on that price.
a. Find the price that generates the maximum profit.
b. Find the maximum profit.
c. Find the price(s) that would enable the company to break even.
A research study in the year 2009 found that there were 2760 coyotes
in a given region. The coyote population declined at a rate of 5.8%
each year.
How many fewer coyotes were there in 2024 than in 2015?
Explain in at least one sentence how you solved the problem. Show
your work. Round your answer to the nearest whole number.
Answer the following questions related to the following matrix
A =
3
³).
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