Stage 23 · Quadratic Functions

23.6.4 The Largest-Profit Problem

23.6 Extreme Values and Real-World Uses

Point 4 of 6

23.6.4 The Largest-Profit Problem

Core idea

Raise the price and sales drop, lower it and the margin thins, so write total profit as a quadratic and find the most profitable price.

Module goal. Use the vertex to find the maximum or minimum, and translate everyday optimization problems into a quadratic model.
eastmath.com · 23.6 Extreme Values and Real-World Uses · 23.6.4 The Largest-Profit Problem