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Consider the daily profit from the production and sale of x units of
a product, given by P(x) = –0.01x2 + 20x – 500 dollars.
a. Use a graph to find the levels of production and sales that give
a daily profit of $1400.
Consider the daily profit from the production and sale of x units of
a product, given by P(x) = –0.01x2 + 20x – 500 dollars.
a. Use a graph to find the levels of production and sales that give
a daily profit of $1400.
Solution
Example (cont)
Consider the daily profit from the production and sale of x units of
a product, given by P(x) = –0.01x2 + 20x – 500 dollars.
Solution
Combining Graphs and Factoring
Factor Theorem
The polynomial function f has a factor (x – a) if and only
if f(a) = 0. Thus, (x – a) is a factor of f(x) if and only if
x = a is a solution to f (x) = 0.
The Square Root Method
Solution
Quadratic Formula
The solutions of the quadratic equation ax2 + bx + c = 0 are
given by the formula
b b 4ac
2
x
2a
Note that a is the coefficient of x2, b is the coefficient of x, and
c is the constant term.
Example
Solution
The Discriminant
We can also determine the type of solutions a quadratic
equation has by looking at the expression b2 4ac,
which is called the discriminant of the quadratic
equation ax2 + bx + c = 0. The discriminant is the
expression inside the radical in the quadratic formula, so
it determines if the quantity inside the radical is positive,
zero, or negative.
• If b2 4ac > 0, there are two different real solutions.
• If b2 4ac = 0, there is one real solution.
• If b2 4ac < 0, there is no real solution.
Aids for Solving Quadratic Equations
Example
Solution
Example
Solution
a.
Example (cont)
Solution
b.
Market Equilibrium
Suppose
that the demand for artificial Christmas trees is given by the
function and that the supply of these trees is given by where p is the
price of a tree in dollars and q is the quantity of trees that are
demanded/supplied in hundreds. Find the price that gives the market
equilibrium price and the number of trees that will be sold/bought at this
price.