Profit Maximization

Your boss has asked you to maximize profit by finding the price at which profit is maximized.

You are given the coefficients of the sales-cost data and the price-sales data.

Price-sales data: -.0640863, -4.56268, 1273.452 (ax2+bx+c)

Sales-cost data: 20.8274924, -634.982 (ax+b)

1. What is the profit equation? (can only use 1 variable)

2. Profit equation derivative

3. Profit maximization formula for these coefficients