Mathematics, 05.05.2020 16:01, Nathaliasmiles

A certain company's main source of income is selling cloth bracelets.

The company's annual profit (in thousands of dollars) as a function of the price of a bracelet (in dollars) is modeled by:

P(x)=-2x^2+16x-24P(x)=−2x

2

+16x−24P, left parenthesis, x, right parenthesis, equals, minus, 2, x, squared, plus, 16, x, minus, 24

What bracelet price should the company set to earn this maximum profit?

Answers: 3

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A certain company's main source of income is selling cloth bracelets.

The company's annu...