A certain company's main source of income is selling cloth bracelets. The company's annual profit (in thousands of dollars) as a function of the price of a bracelet (in dollars) is modeled by:
P
(
x
)
=
−
2
x
2
+
16
x
−
24
P(x)=−2x
2
+16x−24P, left parenthesis, x, right parenthesis, equals, minus, 2, x, squared, plus, 16, x, minus, 24
What is the maximum profit that the company can earn?