The profit (in thousands of dollars) [tex]$\$[/tex]P[tex]$ for an Etsy seller can be modeled by the function $[/tex]P = -x^3 + 4x^2 + x[tex]$ where $[/tex]x[tex]$ is the number of items sold (in thousands). The seller recently sold $[/tex]4,000 \ (x=4)[tex]$ items and made a profit of $[/tex]\[tex]$4,000 \ (P=4)$[/tex].

1. What is the factored form of the polynomial when [tex]$P=4$[/tex]? Set the equation equal to zero first.
[tex]\[ P = -(x - \square)(x + \square)(x - 1) \][/tex]
Type your answer...

2. From the factored form of the equation, determine at which other sales level the profit is also [tex]$\$[/tex]4,000[tex]$ (remember $[/tex]P=4[tex]$).
\[ \text{When } x = \text{type your answer... item(s) sold.} \]

3. Use technology to find the relative maximum profit when the number of items sold is between 0 and 5,000 (remember $[/tex]x=5$). Round your answers to the nearest thousand.
[tex]\[ \text{Maximum profit } P = \text{ about type your answer... thousand dollars when } x = \square \text{ item(s) sold.} \][/tex]



Answer :

Certainly! Let's work through each part of the question step-by-step.

1. Factored Form of the Polynomial When [tex]\( P = 4 \)[/tex]:

Given the profit function:
[tex]\[ P = -x^3 + 4x^2 + x \][/tex]

We know that for [tex]\( P = 4 \)[/tex], we can set up the equation and rearrange it to:
[tex]\[ 4 = -x^3 + 4x^2 + x \][/tex]
[tex]\[ -x^3 + 4x^2 + x - 4 = 0 \][/tex]

To find the factored form, we need to factor the polynomial:
[tex]\[ 0 = - (x - 4)(x - 1)(x + 1) \][/tex]

So, the factored form of the polynomial when [tex]\( P = 4 \)[/tex] is:
[tex]\[ -(x - 4)(x - 1)(x + 1) \][/tex]

2. Sales Levels Where Profit is also [tex]\( \$4,000 \)[/tex] (When [tex]\( x = 4 \)[/tex]):

From the factored form:
[tex]\[ -(x - 4)(x - 1)(x + 1) = 0 \][/tex]

We set each factor equal to zero to find the sales levels:
[tex]\[ x - 4 = 0 \][/tex]
[tex]\[ x = 4 \][/tex]

[tex]\[ x - 1 = 0 \][/tex]
[tex]\[ x = 1 \][/tex]

[tex]\[ x + 1 = 0 \][/tex]
[tex]\[ x = -1 \][/tex]

Since sales level can't be negative, the valid sales levels are:
[tex]\[ \boxed{1 \text{ and } 4} \][/tex]

3. Relative Maximum Profit Between 0 and 5,000 Items Sold:

To find the maximum profit within the range of [tex]\( 0 \)[/tex] to [tex]\( 5 \)[/tex] (in thousands), we analyze the profit function or use technology to plot and find the relative maximum.

The maximum profit is about:
[tex]\[ \boxed{12} \][/tex]

This occurs when the number of items sold is:
[tex]\[ \boxed{3} \][/tex]

So, the complete answers are as follows:

- The factored form of the polynomial when [tex]\( P = 4 \)[/tex] is:
[tex]\[ -(x - 4)(x - 1)(x + 1) \][/tex]

- The sales levels where the profit is also [tex]\( \$4,000 \)[/tex] are:
[tex]\[ 1 \text{ thousand items and } 4 \text{ thousand items sold} \][/tex]

- The maximum profit when the number of items sold is between 0 and 5,000:
[tex]\[ \boxed{12} \text{ thousand dollars when } \boxed{3} \text{ thousand items are sold} \][/tex]

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