Given $f ( x ) = a ( x - h ) ^ { 2 } + k , \text { if } a > 0$

question 92

Short Answer

Given $f ( x ) = a ( x - h ) ^ { 2 } + k , \text { if } a > 0$ e parabola opened (upward/downward) and the (minimum/maximum) value is________ .

---

Definitions:

Break-even Point

The level of sales at which total revenues equal total expenses, resulting in no net profit or loss.

Sales Mix

The combination of different products or services a company sells, usually expressed in terms of the proportion of total sales volume each constitutes.

Fixed Expenses

Costs that do not change with the level of production or sales over a certain period, such as rent, salaries, and loan payments.

Total Sales

The total revenue generated from the sale of goods or services before any expenses are subtracted.