A manufacturer determines that the number of toys it can sell is given by the formula T=-4p2+160p-305, where p is the price of the toys in dollars.
At what price will the manufacturer sell the maximum number of toys and what is the maximum
number of toys that can be sold?

The price where the manufacture sells the maximum number of toys is $20

Step-by-step explanation:

The given equation for that represents the number of toys the manufacturer can sell is given as follows;

T = -4·p² + 160·p - 305

Where;

p = The price of the toys in dollars

At the point where the manufacture sells the maxim number of toys on the graph of the equation T = -4·p² + 160·p - 305, which is the top of the graph, the slope = 0

Therefore, at the maximum point;

The slope = 0 = dT/dp = d(-4·p² + 160·p - 305)/dp = -8·p + 160

∴ -8·p + 160 = 0

160 = 8·p

8·p = 160

p = 160/8 = 20

The price where the manufacture sells the maximum number of toys is = p = 20 dollars

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