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 Graph is a parabola.  Either has a minimum or maximum point.  That point is called a vertex and is Quadratic Functions & Applications.

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Presentation on theme: " Graph is a parabola.  Either has a minimum or maximum point.  That point is called a vertex and is Quadratic Functions & Applications."— Presentation transcript:

1  Graph is a parabola.  Either has a minimum or maximum point.  That point is called a vertex and is Quadratic Functions & Applications

2 x-value of the vertex

3 Example 1

4 Example 2

5 Applications Find the break-even point for the given cost and revenue functions. Company breaks even if it produces and sells Example 3

6 Find the maximum revenue for the revenue function given. Maximum revenue is $ Example 4 Must sell units in order to maximize revenue.

7 Find max revenue where the demand for a product is given. Maximum revenue is Example 5 Must sell units in order to maximize revenue.

8 Find the equilibrium point for the given demand and supply functions. Equilibrium point: Example 6

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