Raymond B. answered 04/01/21
Math, microeconomics or criminal justice
Y' = -6x + 346 = 0
x = 346/6 = 173/3 = 57 2/3
Y(173/3) = -3(173/3)^2 + 346(173/3) - 3557 = 9976.33 - 3557 = $6,419.33
Chloe P.
asked 09/08/20A 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
equation: Y= -3x^2 + 346x - 3557
Raymond B. answered 04/01/21
Math, microeconomics or criminal justice
Y' = -6x + 346 = 0
x = 346/6 = 173/3 = 57 2/3
Y(173/3) = -3(173/3)^2 + 346(173/3) - 3557 = 9976.33 - 3557 = $6,419.33
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