Acertain company's main source of income is selling cloth bracelets. the company's annual profit (in thousands of dollars) as a function of the price of a bracelet (in dollars) is modeled by: p(x)=-2x^2+16x-24. what is the maximum profit that the company can earn?

8 thousand dollars

Step-by-step explanation:

The company's annual profit (in thousands of dollars) as a function of the price of a bracelet (in dollars) is modeled by: P(x)=-2x^2+16x-24

To find maximum profit , we need to find out the vertex

x coordinate of vertex formula is -b/2a

a=-2  and b = 16

Now we plug in 4 for x  and find out P(4)

= 8

So the maximum profit the company can earn is 8 thousand dollars when price = $4