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kate is about to start her new job as the chief financial officer at cycling incorporated, a company that me
and sells bikes. to prepare for the job, kate is analyzing the profits the company has made on a new bike
a100, which was first released a few months ago. the company has been adjusting the price each month
determine what price it should be using.
kate has data for the prices at which the company has been selling the bikes and the associated profit ea
for the last three months. she also knows that all profit functions follow a quadratic model. how can kat
data she needs to determine the selling price that will allow the company to maximize its profits?