Question

Business applications of quadratic functions

Answer 1

Step-by-step explanation:

Quadratic equations are sometimes used to model situations and relationships in business, science, and medicine. A common use in business is to maximize profit, that is, the difference between the total revenue (money taken in) and the production costs (money spent).

Throwing a ball, shooting a cannon, diving from a platform and hitting a golf ball are all examples of situations that can be modeled by quadratic functions. In many of these situations you will want to know the highest or lowest point of the parabola, which is known as the vertex.

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