Mr. Snyder makes pretzels. Cost of making x thousand pretzels per week is:
C = 2.7x2 + 23x + 325.
Revenue from selling x thousand pretzels per week is:
R = -0.4x2 + 132x.
Units for C and R are hundreds of dollars.
a. Determine equation for profit.
b. Graph profit equation. Compute explain what vertex, x-intercepts, intercepts mean in terms of making pretzels.
c. Assume Mr. Snyder requires to make $50,000 in profit per week (p = 500). Graph line on graph above and determine where the line intersects graph. Describe what the answer mean.