Math Problem Statement
A company sells widgets. The amount of profit, y, made by the company, is related to the selling price of each widget, x, by the given equation. Using this equation, find out the maximum amount of profit the company can make, to the nearest dollar. y, equals, minus, x, squared, plus, 75, x, minus, 636 y=−x 2 +75x−636
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Quadratic Equations
Profit Maximization
Formulas
Quadratic equation: y = ax^2 + bx + c
Vertex formula: x = -b / (2a)
Theorems
Quadratic function vertex theorem
Suitable Grade Level
Grades 9-12
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