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ID:
Class: 12
Subject: Math
Topic: Application of Derivative
Type: Short
Question:
Find the maximum profit that a company can make, if the profit function is given by \( p(x) = 41 - 24x - 18x^2 \)
Official Solution
Explanation:
We have:
\[
p(x) = 41 - 24x - 18x^2
\Rightarrow p'(x) = -24 - 36x
\Rightarrow p''(x) = -36 < 0
\]
Set derivative to zero:
\[
p'(x) = 0 \Rightarrow -24 - 36x = 0 \Rightarrow x = -\frac{2}{3}
\]
By second derivative test, local maximum occurs at \( x = -\frac{2}{3} \)
Now, compute:
\[
p\left( -\frac{2}{3} \right) = 41 - 24\left( -\frac{2}{3} \right) - 18\left( -\frac{2}{3} \right)^2
= 41 + 16 - 8 = 49
\]
\(\textbf{Maximum profit}\) = 49
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