Solve the Problem $x$ Pretzels Is Given by the Function $P ( x ) = - 0.004 x ^ { 2 } + 2.4 x - 200$

question 20

Multiple Choice

Solve the problem.
-The profit that the vendor makes per day by selling $x$ pretzels is given by the function $P ( x ) = - 0.004 x ^ { 2 } + 2.4 x - 200$ . Find the number of pretzels that must be sold to maximize profit.

• A) 300 pretzels
• B) 600 pretzels
• C) \(1.2\) pretzels
• D) 160 pretzels

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Definitions:

Venture Capital

Financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.

Mezzanine Capital

A hybrid form of financing that is often used to fund the expansion of existing companies, combining elements of debt and equity financing.

Interest Payments

Regular payments made to lenders or bondholders, compensating them for lending their money.

Regulation D

A set of SEC rules regarding private placement exemptions, allowing companies to sell securities without going through the full SEC registration process.