(All Steps) A company’s profit, in dollars, as a function of the number of items sold x, is described by π (x)=15,500(1-e^-0.0004x) Calculate the profit

Question: A company’s profit, in dollars, as a function of the number of items sold x, is described by

\[\pi \left( x \right)=15,500\left( 1-{{e}^{-0.0004x}} \right)\]

Calculate the profit when x = 2500 units
How many units (to the nearest whole number) should be sold to earn a profit of $12,000?
What is the maximum possible predicted by this formula?

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(All Steps) A company’s profit, in dollars, as a function of the number of items sold x, is described by π (x)=15,500(1-e^-0.0004x) Calculate the profit

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