The profit of a cell-phone manufacturer is found by the function y= -2x2 + 108x + 75 , where x is the cost of the cell phone. At what price should the manufacturer sell the phone tomaximize its profits? What will the maximum profit be?

Hello!
First, let's rewrite the function:
[tex]y=-2x^2+108x+75[/tex]Now, let's find each coefficient of it:
• a = -2
,• b = 108
,• c = 75
As we have a < 0, the concavity of the parabola will face downwards.
So, it will have a maximum point.
To find this maximum point, we must obtain the coordinates of the vertex, using the formulas below:
[tex]\begin{gathered} X_V=-\frac{b}{2\cdot a} \\ \\ Y_V=-\frac{\Delta}{4\cdot a} \end{gathered}[/tex]So, the coordinate x = 27.
The coordinate y = 1533.
Answer:
The maximum profit will be 1533 (value of y) when x = 27.