Find the point of diminishing returns (x.y) for the function R(x). where R(x) represents revenue (in thousands of dollars) and x represents the amount spent on advertising (in thousands of dollars). R(x) = 11,000 -x'+36x + 800x, 0sxs20 The point of diminishing returns is (Type an ordered pair.)

Find the point of diminishing returns (x.y) for the function R(x). where R(x) represents revenue (in thousands of dollars) and x represents the amount spent on advertising (in thousands of dollars). R(x) = 11,000 -x'+36x + 800x, 0sxs20 The point of diminishing returns is (Type an ordered pair.)

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

Find the point of diminishing returns (x.y) for the function R(x), where R(x) represents revenue (in thousands of dollars) and x represents the amount spent on
advertising (in thousands of dollars).
R(x) = 11,000 -x° +36x +800x, 0sxs20
The point of diminishing returns is| (Type an ordered pair.)

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