Answer:
The widgets should be sold for $26.7 for the company to make the maximum profit.
Step-by-step explanation:
Given the quadratic equation
[tex]f\left(x\right)=-15x^2+801x-59000[/tex]
As the leading coefficient is (-3), so the graph would be a downward Parabola.
Thus, the maximum profit would be at the vertex.
The selling price 'x' can be determined by determining the x-coordinate of the vertex.
In order to calculate the x-coordinate of the vertex, we can find this by
x = -b/2a
where a = -15 and b = 801
x = -801 / 2(-15)
x = -801/-30
x = 801/30
x = 267/10
x = 26.7
Therefore, the widgets should be sold for $26.7 for the company to make the maximum profit.
