Maximum and minimum profit values


Company ABC's profit is estimated by the following equation: P = 30x + 40y, where x and y are sales of specific products and P is in thousands of dollars. It was estimated that maximum and minimum profit values take place when sales take place in the following ordered pairs: (2,6), (6,4) and (-1,-3). At which pair is the maximum profit and at which pair is the minimum - describe the profit.

P1 =

P2 =

P3 =

Maximum profit =

Minimum profit =

Negative profit (loss) =

Request for Solution File

Ask an Expert for Answer!!
Mathematics: Maximum and minimum profit values
Reference No:- TGS0875038

Expected delivery within 24 Hours