For Which Value Of $x$ Does $7 x ^ { 2 } - 8 x + 14$

question 67

Multiple Choice

For which value of $x$ does $7 x ^ { 2 } - 8 x + 14$ reach a minimum? Restrict your attention to the horizontal span of 0 to 8.

• A) 14
• B) 11.71
• C) 0.57
• D) 0

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Definitions:

Product Development

The process of bringing a new product or service to market, including ideation, design, creation, and marketing stages.

Diversification Strategy

A growth strategy whereby a firm introduces a new product or service to a market segment that it does not currently serve.

Market Penetration

The extent to which a product or service is recognized and purchased by customers in a particular market.

Marketing Mix

The strategic set of actions that a company uses to promote its brand or product in the market, involving variations of product, price, promotion, and place strategies.