Suppose that the weekly profit for an electronics store gene
Suppose that the weekly profit for an electronics store generated from the sale of x iPods is given by the function P(x) = - 3x2 +270x - 4200 where P(x) is in dollars. What is the maximum weekly profit from the iPod sales?
Solution
Answer:
The profit function P(x) is given by
P(x) = - 3x2 +270x - 4200
To find the maximum of P(x) we set the derivative of P(x) with respect to x to zero.
That is P\'(x) = - 6x +270 = 0
6x = 270
x = 270 / 6
x = 45
Therefore the maximum of profit is P(45) = - 3(45)2 +270(45) - 4200
P(45) = 1875
Hence , the maximum of profit is $ 1875
