18
QuizMultiple Choice

Max Profit — Quiz

Question 18 • Financial Math

Based on the profit function: P⁡(p)=−2⁢p^2+110⁢p−700 , at what price p does CleanWave achieve maximum profit? The formula to find the x -coordinate of the vertex for a quadratic function is a⁢x^2+b⁢x+c is x=−(b)/(2⁢a)

Answer
A
17 point 5 0 dollars
B
10 dollars
C
27 point 5 0 dollars
D
47 dollars
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