Diminishing Returns Jesaki Inc estimates that it will sell N(x) units of product after spending $x thousand on advertising, as given by N(x) = -0.45 x +49 x³ - 1,086 x² + 157,924. What is the point of diminishing returns? Round to the nearest dollar. $

Diminishing Returns Jesaki Inc estimates that it will sell N(x) units of product after spending $x thousand on advertising, as given by N(x) = -0.45 x +49 x³ - 1,086 x² + 157,924. What is the point of diminishing returns? Round to the nearest dollar. $

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Diminishing Returns
Jesaki Inc estimates that it will sell N(x) units of product after spending $x
thousand on advertising, as given by
N(x) = -0.45x¹+49 x³ - 1,086 x² + 157,924.
What is the point of diminishing returns? Round to the nearest dollar.
$

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