John Owns a Hotdog Stand $P ( x ) = - x ^ { 2 } + 14 x + 54$

question 516

Multiple Choice

John owns a hotdog stand. His profit is represented by the equation $P ( x ) = - x ^ { 2 } + 14 x + 54$ with P being profits and x the number of hotdogs sold. What is the most he can earn?

• A) $103
• B) $75
• C) $117
• D) $49

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Definitions:

Current Account Balance

The balance of trade between a country and its trading partners, reflecting the difference between exports and imports of goods and services.

Foreign Corporation

A company that is registered and operates in a country different from the country where it was incorporated, subject to the laws and regulations of the host country.

Insurance

A financial product that transfers the risk of financial loss from an individual or entity to an insurance company in exchange for premium payments.

Treasury Bond

A Treasury bond is a long-term, fixed-interest government debt security issued by the U.S. Treasury Department with a maturity of more than 10 years.