Profit: The weekly profit P for a widget producer is a function of the number n of widgets sold. The formula is P = −2 + 2.9n − 0.3n2 . Here P is measured in thousands of dollars, n is measured in...



Profit: The weekly profit P for a widget producer is a function of the number n of widgets sold. The formula is


P = −2 + 2.9n − 0.3n2 .


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.


b. Calculate P (0) and explain in practical terms what your answer means.



c. At what sales level is the profit as large as possible?



May 06, 2022
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