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26 December, 11:13

A model for the performance of a stock is p=-3d^2+50d where d represents the days of trading and p is the price per share what is the max price per share of the stock

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  1. 26 December, 11:19
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    P = - 3d^2 + 50d

    dp/dd = - 6d + 50

    -6d + 50 = 0

    => - 6d = - 50

    => d = 50/6

    Max p = - 3 * (50/6) ^2 + 50*50/6 = 208.33
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