The graph below shows a company's estimated profits (in dollars) for different advertising expenses (in tens of thousands of dollars). The company's actual profit was $988,608.55 for an advertising expense of $290,000. P 1 100 000 900 000 700 000 1 500 000 300 000 100 000 -100 000 5 10 15 (29, 988608.55) (b) The company's model is 20 25 30 35 X (a) From the graph, it appears that the company could have obtained the same profit for a lesser advertising expense. Use the graph to estimate this expense (in dollars). An advertising expense of $ when x = 0 also appears to yield a profit of about $988,608.55. P= -140.75x³ + 5348.3x2 - 76,560, 0≤ x ≤ 35 where P is the profit (in dollars) and x is the advertising expense (in tens of thousands of dollars). Explain how you could verify the lesser expense from part (a) algebraically. To verify, evaluate P(x) at x =
The graph below shows a company's estimated profits (in dollars) for different advertising expenses (in tens of thousands of dollars). The company's actual profit was $988,608.55 for an advertising expense of $290,000. P 1 100 000 900 000 700 000 1 500 000 300 000 100 000 -100 000 5 10 15 (29, 988608.55) (b) The company's model is 20 25 30 35 X (a) From the graph, it appears that the company could have obtained the same profit for a lesser advertising expense. Use the graph to estimate this expense (in dollars). An advertising expense of $ when x = 0 also appears to yield a profit of about $988,608.55. P= -140.75x³ + 5348.3x2 - 76,560, 0≤ x ≤ 35 where P is the profit (in dollars) and x is the advertising expense (in tens of thousands of dollars). Explain how you could verify the lesser expense from part (a) algebraically. To verify, evaluate P(x) at x =
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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