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MARKETING A company makes two products, A and B. The manager estimates that if x% of the total marketing budget she has available is spent on marketing product A, then the total profit gained from both products will be P thousand dollars, where 20+ 0.7x for 0≤x < 30 for 30 x < 72 80 0.25x for 72 ≤ x ≤ 100 P(x)=26+0.5x - What is the company's profit when the marketing budget is split equally between the two products?

MARKETING A company makes two products, A and B. The manager estimates that if x% of the total marketing budget she has available is spent on marketing product A, then the total profit gained from both products will be P thousand dollars, where 20+ 0.7x for 0≤x < 30 for 30 x < 72 80 0.25x for 72 ≤ x ≤ 100 P(x)=26+0.5x - What is the company's profit when the marketing budget is split equally between the two products?

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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MARKETING A company makes two products, A and B. The manager estimates that if x% of the total marketing budget she has available is spent on marketing product A, then the total profit gained from both products will be P thousand dollars, where P(x) = 20+ 0.7x for 0≤x < 30 26 + 0.5x for 30 x < 72 80 0.25x for 72 ≤ x ≤ 100 What is the company's profit when the marketing budget is split equally between the two products? Select the correct response: $50,000 $51 None of the choices $51,000 $50
Transcribed Image Text:MARKETING A company makes two products, A and B. The manager estimates that if x% of the total marketing budget she has available is spent on marketing product A, then the total profit gained from both products will be P thousand dollars, where P(x) = 20+ 0.7x for 0≤x < 30 26 + 0.5x for 30 x < 72 80 0.25x for 72 ≤ x ≤ 100 What is the company's profit when the marketing budget is split equally between the two products? Select the correct response: $50,000 $51 None of the choices $51,000 $50
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