Someone please help me... I need it with step by step explanation!
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Assuming it is .005y^2 + 10y not .005*y*2 + 10y
Profit = Revenue - Cost
Profit = (.005y^2 + 10y) - (20y + 1,000,000)
Profit at 30,000 cars so y = 30000
Profit = (.005(30000)^2 + 10(30000)) - (20(30000) + 1,000,000)
Profit = $3,200,000