Solve the Problem $\mathrm { P }$ Of the Store Are Approximately Given By

question 356

Multiple Choice

Solve the problem.
-The owner of a video store has determined that the profits $\mathrm { P }$ of the store are approximately given by $P ( x ) = - x ^ { 2 } + 150 x + 71$ , where $x$ is the number of videos rented daily. Find the maximum profit to the nearest dollar.

• A) \(\$ 5696\)
• B) \(\$ 5625\)
• C) \(\$ 11,321\)
• D) \(\$ 11,250\)

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Definitions:

Inventory Figure

The total value of a company's merchandise, raw materials, and finished and unfinished products which have not yet been sold.

Financial Position

Financial position is the status of a person's or entity's assets, liabilities, and equity at a given point in time, providing a snapshot of financial health.

Financial Position Valuations

Assessments that determine the value of a company's assets, liabilities, and equity at a particular time, reflecting its financial health.