Raymond B. answered 09/29/21
Math, microeconomics or criminal justice
P = -0.5t^2 - 3t + 8
A) P(-4) = -.5(16) +12 + 8 = 12 million profit March 2012
B) P(3) = -.5(9) -9 + 8 = -5.5 million loss for October 2012
C) 0=-.5t^2 -3t + 8
t^2 +6t -16 =0
(t+8)(t-2) = 0
t = 2 and -8
they represent the time when the profits =0, the break even times. t= 2 means the company breaks even September 2012 and t=-8 means the company breaks even November 2011
D) p intercept is 8. It means a profit of 8 million in July 2012.
There is only one p intercept
E) the graph is a parabola,
-.5t^2 -3t + 8
= -.5(t^2 +6t ) + 8
= -.5(t^2 +6t +9) + 8 + 9/2
= -.5(t+3)^2 + 25/2
It's a downward opening parabola with vertex = (-3, 12.5)= maximum point, axis of symmetry t=-3
plot t on the horizontal or x axis, p on the y or vertical axis
maximum profit is when t=-3
-.5(-3)^2 -3(-3) + 8 = -9/2 +9+8 = 12.5 million
the mid point in time between the break even times
April 2012 is half way between November 2011 and September 2012