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college algebra Math 112 Written Homework 7: Quadratic Functions Student Name: Math 112 Section: 2. A company has determined that the demand function for a

college algebra

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Math 112 Written Homework 7: Quadratic Functions Student Name: Math 112 Section: 2. A company has determined that the demand function for a certain couch is given by p = 4000 - 0.25x, where p is the price per couch and x is the number of couches sold. The fixed costs associated with producing a line of couches is $500,000, and each couch costs $280 to make. a. Start by finding functions to represent the revenue [2 pts] b. and the total cost [2 pts] c. then find a function for profit [3 pts] d. Determine how many couches should be manufactured and sold in order to maximize profit. [2 pts work; 1 pt sentence]

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