IB Mathematics Applications and Interpretation Quiz
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A company's monthly profit, PP, in thousands of dollars, is modeled by P(x)=−1.5(x−40)2+25P(x) = -1.5(x-40)^2 + 25, where xx is the amount spent on advertising, in thousands of dollars.
The company implements a new efficiency strategy that increases the maximum possible profit by $4000. It also finds that the same profit levels can be achieved by spending $5000 less on advertising. What is the equation of the new profit function, Pnew(x)P_{new}(x)?
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