Question:\(\mathrm{P(x) = -2x^2 + 150x + 45,000}\)The given function P models the monthly profit, in dollars, of a manufacturing company,...
GMAT Advanced Math : (Adv_Math) Questions
\(\mathrm{P(x) = -2x^2 + 150x + 45,000}\)
The given function P models the monthly profit, in dollars, of a manufacturing company, where x represents the number of units produced above their baseline production level, and \(\mathrm{0 \leq x \leq 50}\). If \(\mathrm{y = P(x)}\) is graphed in the xy-plane, which of the following is the best interpretation of the y-intercept of the graph in this context?
- The maximum monthly profit the company can achieve is $45,000.
- The monthly profit when producing at the baseline level is $45,000.
- The company's monthly profit increases by $45,000 for each additional unit produced.
- The company's monthly fixed costs are $45,000.
1. TRANSLATE the question requirements
- We need to find the y-intercept of \(\mathrm{P(x) = -2x^2 + 150x + 45,000}\)
- The y-intercept occurs when \(\mathrm{x = 0}\)
- We need to interpret this value in the given context
2. INFER the mathematical approach
- To find the y-intercept, substitute \(\mathrm{x = 0}\) into the function
- The result will be the y-coordinate of the y-intercept
3. Calculate P(0)
- \(\mathrm{P(0) = -2(0)^2 + 150(0) + 45,000}\)
- \(\mathrm{P(0) = 0 + 0 + 45,000 = 45,000}\)
4. TRANSLATE the mathematical result to contextual meaning
- We found that when \(\mathrm{x = 0}\), \(\mathrm{P(x) = 45,000}\)
- Since x represents "units produced above baseline production level"
- When \(\mathrm{x = 0}\), the company is producing exactly at their baseline level
- Therefore, $45,000 is the monthly profit when producing at baseline level
Answer: B
Why Students Usually Falter on This Problem
Most Common Error Path:
Weak TRANSLATE skill: Students misinterpret what \(\mathrm{x = 0}\) represents in context
Many students read "x represents the number of units produced above their baseline production level" and incorrectly think \(\mathrm{x = 0}\) means the company produces zero units total (no production at all). They miss that \(\mathrm{x = 0}\) actually means zero units above baseline, which means they're producing at the baseline level, not producing nothing.
This confusion leads them to think the y-intercept represents something like fixed costs when no production occurs, potentially selecting Choice D ($45,000 in fixed costs).
Second Most Common Error:
Poor INFER reasoning: Students confuse y-intercept with maximum value
Some students see the large coefficient (45,000) and assume this must be the maximum profit without actually analyzing what the y-intercept means. Since this is a downward-opening parabola, the maximum occurs at the vertex, not the y-intercept.
This may lead them to select Choice A (maximum monthly profit is $45,000).
The Bottom Line:
Success on this problem requires carefully translating the variable definition (what \(\mathrm{x = 0}\) actually means) rather than just finding the mathematical y-intercept. The key insight is understanding that "above baseline" means \(\mathrm{x = 0}\) represents baseline production, not zero production.