How to solve maxima and minima word problems easily?
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Step-by-step explanation:
function P(x) = -10x2 + 1760x - 50000, where P(x) is your company's profit, and x is the number of products sold. Of course, you want your profit to be as large as possible, so you want to know how many products you should sell to make this happen. In other words, you want to know how many products you need to sell in order to maximize your profit. To find that maximum profit and solve problems similar to this one, we need to be familiar with maximum and minimum points of a function.
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Answer:
first differentiate it and equate with 0 & find the value of x.
Put the value of x in real equation & get y.
It will either give maxima or minima depending upon coefficients of variables.
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