Question:
A company sells tires and rents out a portion of its
Last updated: 7/20/2022
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A company sells tires and rents out a portion of its warehouse to another company for a fixed rent of $8,000. The accounting department claims the company's monthly profit is determined by the profit function: P(x) = x³ - 8x² + 16x + 8 in thousands of dollars (already taking the rent into account). What is the company's maximum profit during the first three months?