The company's annual profit (in millions of dollars) as a function of the price of a pair of socks (in dollars) is modeled by:
P(x)=-3(x-5)^2+12P(x)=−3(x−5)
2
+12P, left parenthesis, x, right parenthesis, equals, minus, 3, left parenthesis, x, minus, 5, right parenthesis, squared, plus, 12
What is the maximum profit that the company can earn?
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