Problem:
Practice on Maximum and Minimum, Profit maximization
1. Find the absolute maximum value and the absolute minimum value, if any, of the following function. (If an absolute maximum/minimum does not exist, enter NONE in that blank.) g(x) = -x^2 + 2x + 10
2. Lynbrook West, an apartment complex, has 100 two-bedroom units. The monthly profit (in dollars) realized from renting out x apartments is given by the following function ...
3. Phillip, the proprietor of a vineyard, estimates that the first 9300 bottles of wine produced this season will fetch a profit of $3 per bottle. However, the profit from each bottle beyond 9300 drops by $0.0003 for each additional bottle sold .