Math Problem Statement

A local sneaker company’s profits π each unit of x sneaker sold has been estimated as π(x)= 〖-x〗^2+300x-9000 a)Find the number of sneaker sold in order for the company to maximize its profit. b)What is the maximum level of profit can the company achieve? c)Find the number of sneaker that the company have to sell in order to breakeven. d)Sketch the graph for the profit function for this company.

Solution

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Quadratic Functions
Vertex of a Parabola
Breakeven Point

Formulas

Quadratic function formula
Vertex formula for x-coordinate
Breakeven point formula

Theorems

-

Suitable Grade Level

High School