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Annual profit in thousands of dollars is given by the function p(x)=-, 1x^2 + 50x - 300, where x is the number of items sold, x is greater or equal to 0.

Describe the meaning of the number 300 in the formula, in terms of its meaning in relation to the profit.

  • algebra -

    The most likely answer is
    1x^2 represents variable costs
    -300 represents fixed costs regardless
    of x which will determine profit along
    50x representing income, which will vary according to x.

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