A sporting goods store uses quadratic equations to monitor the daily cost and profit for various items it sells. The store’s daily profit, y, when soccer balls are sold at x dollars each, is modeled by . Why is there an interval over which the graph decreases?

The table shows some values that satisfy the quadratic equation. Which of the following is a true statement?
What is the vertex of the parabola? Round to the nearest hundredth. (16.67, 1,306.67)✔ (8.33, 236.67)(0.03, –177)(8.33,0)(2, 0)(14.61, 0)
What are the zeroes of the function? Round to the nearest hundredth.
What do the zeroes mean in context?
Soccer balls go on sale for $7.50 each. The store also sells footballs and the manager wants to earn a daily profit of $400 from both items. The equation models the store’s daily profit, y, for selling footballs at x dollars. Explain how to find the price per football needed to meet the goal.

At $7.50 per soccer ball, the profit is $232.50, so the store needs $167.50 in profit from footballs. Set −4x² + 80x − 150 = 167.50 and solve for x. The football price can be about $5.46 or $14.54.
Which did you include in your response?
The quadratic equation y = –6x2 + 100x – 180 models the store’s daily profit, y, for selling soccer balls at x dollars.The quadratic equation y = –4x2 + 80x – 150 models the store’s daily profit, y, for selling footballs at x dollars. Use a graphing calculator to find the intersection point(s) of the graphs, and explain what they mean in the context of the problem.
The graphs intersect at approximately (1.84, −16.49) and (8.16, 236.49). These points show prices at which the profit is the same for soccer balls and footballs. At a price of about $8.16, the profit is about $236.49 for each type; at about $1.84, the profit is about −$16.49 for each type.
Which did you include in your response?
Did you find these answers helpful?