a company sells widgets. the amount of profit, y, made by the company, is related to the selling price of…

a 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.\n\n$y = -49x^{2}+1875x - 10599$
Answer
Explanation:
Step1: Identify coefficients
For the quadratic function $y = - 49x^{2}+1875x - 10599$, $a=-49$, $b = 1875$, $c=-10599$.
Step2: Find x - coordinate of vertex
The x - coordinate of the vertex of a quadratic function $y = ax^{2}+bx + c$ is $x=-\frac{b}{2a}$. So $x =-\frac{1875}{2\times(-49)}=\frac{1875}{98}\approx19.13$.
Step3: Find y - coordinate of vertex
Substitute $x=\frac{1875}{98}$ into the function $y=-49x^{2}+1875x - 10599$. $y=-49\times(\frac{1875}{98})^{2}+1875\times\frac{1875}{98}-10599$ $y=-49\times\frac{1875^{2}}{98^{2}}+\frac{1875^{2}}{98}-10599$ $y=\frac{-49\times1875^{2}+98\times1875^{2}}{98^{2}}-10599$ $y=\frac{49\times1875^{2}}{98^{2}}-10599$ $y=\frac{1875^{2}}{196}-10599$ $y=\frac{3515625}{196}-10599$ $y=\frac{3515625 - 10599\times196}{196}$ $y=\frac{3515625-2077404}{196}$ $y=\frac{1438221}{196}\approx7338$.
Answer:
$7338$