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Question

Find the maximum profit that a company can make if the profit function is given by
p(x)=4172x18x2

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Solution

Given, p(x)=4172x18x2
p(x)=7236x
Putting this equal to zero we get x=2
Now let's look at second derivative of the given function.
f′′(x)=36 and as we can see, this is negative for all x; hence f(x) will have it's maxima at x=2.
Maximum profit which the company is going to make is
p(2)=4172×(2)18×(22)
=113.

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