jadieandersen1 jadieandersen1

14-02-2017
Mathematics

Answered

a model for the performance of a stock is p=-3d^2+50d where d represents the days of trading and p is the price per share what is the max price per share of the stock

Verified Answer :

Anonymous Anonymous

14-02-2017

p = -3d^2 + 50d

dp/dd = -6d + 50
-6d+ 50 = 0
=> -6d = -50
=> d = 50/6

Max p = -3(50/6)^2 + 5050/6 = 208.33

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