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. y=-2x^2+105x-859 y=−2x 2 +105x−859

$519

Step-by-step explanation:

Given the amount of profit made expressed as y=-2x^2+105x-859

At maximum profit, dy/dx = 0

dy/dx = -4x + 105

0 = -4x + 105

4x = 105

x = 105/4

x = 26.25

Substitute into the original function

y=-2x^2+105x-859

y=-2(26.25)^2+105(26.25)-859

y = - 1,378.125+2,756.25-859

y = 519.125

Hence the maximum amount of profit the company can make is $519

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wholesale price is the initial price before markup. retail price comes after the markup.

a price of 8 bucks that's marked up by 100%   is

formula: initial price + (percent markup in fraction/decimal)(initial price)

8+(1)(8)

8+8

16

retail price is $16.