Suppose a company's profits are given by P = x^2 y, where x is the amount of money they spend on TV advertising, and y is the amount of money they spend on internet advertising. In total, this company will spend 12 (million) dollars on advertising (that is, TV plus internet). How much should they spend on each type to maximize profits? NOTE: You can just use 12 instead of 12.000,000 in your computations.
Suppose a company's profits are given by P = x^2 y, where x is the amount of money they spend on TV advertising, and y is the amount of money they spend on internet advertising. In total, this company will spend 12 (million) dollars on advertising (that is, TV plus internet). How much should they spend on each type to maximize profits? NOTE: You can just use 12 instead of 12.000,000 in your computations.
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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Suppose a company's profits are given by P = x^2 y, where x is the amount of money they spend on TV advertising, and y is the
amount of money they spend on internet advertising. In total, this company will spend 12 (million) dollars on advertising (that is,
TV plus internet). How much should they spend on each type to maximize profits? NOTE: You can just use 12 instead of
12.000,000 in your computations.
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