Graph is a parabola. Either has a minimum or maximum point. That point is called a vertex and is Quadratic Functions & Applications
x-value of the vertex
Example 1
Example 2
Applications Find the break-even point for the given cost and revenue functions. Company breaks even if it produces and sells Example 3
Find the maximum revenue for the revenue function given. Maximum revenue is $ Example 4 Must sell units in order to maximize revenue.
Find max revenue where the demand for a product is given. Maximum revenue is Example 5 Must sell units in order to maximize revenue.
Find the equilibrium point for the given demand and supply functions. Equilibrium point: Example 6