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A Chair Manufacturing Company Has Two Different Factories P(x)=0.05x2+20x500P ( x ) = - 0.05 x ^ { 2 } + 20 x - 500

Question 364

Multiple Choice

A chair manufacturing company has two different factories. The profit function for Factory I when x chairs are manufactured and sold is as follows: P(x) =0.05x2+20x500P ( x ) = - 0.05 x ^ { 2 } + 20 x - 500 The profit function for Factory II when x chairs are manufactured and sold is as follows: P(x) =0.05x2+30x2500P ( x ) = - 0.05 x ^ { 2 } + 30 x - 2500 For what number of chairs is the profit the same at both factories, and what is the profit?


A) 300 chairs; $2000
B) 100 chairs; $1000
C) 0 chairs; $0
D) 200 chairs; $1500

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