The profit P (in thousands of dollars) for a company spending an amount s (in thousands of dollars) on advertising is shown below.153 +9s2 + 40010P = -(a) Find the amount of money the company should spend on advertising in order to yield a maximum profit.S =S =thousands of dollars (b) The point of diminishing returns is the point at which the rate of growth of the profit function begins to decline. Find the point of diminishing returns.thousands of dollars

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Answered: The profit P (in thousands of dollars)…

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter8: Linear Functions

Section8.7: Function Notation

Problem 44E

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