Examples of a parabola in real life situations.

Vertex Formula

A model for a company's revenue from selling a software package is R(p)=-2.5p^2+550p, where p is the price in dollars of the software. What price will maximize the revenue? Find the maximum revenue.


Identify the a, b, and c of the equation. HINT: USE THE QUADRATIC FUNCTION FORMULA

Plug a and b back into the Vertex Formula.

SOLVE

The answer you just solved for maximizes the revenue, but the question also asks for the maximum revenue. To find the maximum revenue plug the answer you just solved for into the the original formula.

Solve for the maximum revenue.

You have now finished and solved the vertex formula equation.

THE END!!!!!!

Examples of a parabola in a real life situation.
Examples of a parabola in a real life situation.

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