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Part 1 of 3 Economics tells us that as a company raises its prices, it will sell fewer products. As a result, we can use

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Part 1 of 3 Economics tells us that as a company raises its prices, it will sell fewer products. As a result, we can use a quadratic model to describe a company's profits, y, as a function of the price per item, T. The table below shows a certain company's price for one of its products and the annual profit from that product. Price of item (dollars) Profit (thousands of dollars) y 10 84.0 15 106.5 20 116.0 25 112.5 30 96.0 35 66.5 40 24.0 Use the quadratic regression feature of your calculator to find the parabola of best fit for the data. Round coefficients to 3 decimal places. y -26 11 Part 2 of B Find the coordinates of the vertex. Round each value to 3 decimal places

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