Math Problem Statement

Profit The weekly profit P for a widget producer is a function of the number n of widgets sold. The formula is P=-2 plus 2.9n minus 0.3n exponent 2.

Here P is measured in thousands of dollars, n is measured in thousands of widgets, and the formula is valid up to a level of 7 thousand widgets sold. a. Make a graph of P versus n.

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Quadratic Functions
Graphing

Formulas

Quadratic function formula: P(n) = an^2 + bn + c
Vertex formula: n = -b / 2a

Theorems

Vertex formula for quadratic functions
Maxima and minima of quadratic equations

Suitable Grade Level

Grades 9-11