The manufacturer of GRIPPER tires modeled its return to sales from television advertising expenditures in two regions, as follows:2Region 1: S₁ = 50+ 34x₁ - 0.8x₁²2Region 2: S₂ = 40 + 38x₂ - 1.1x₂²where S₁ and S₂ are the sales revenue in millions of dollars and X₁ and x₂ are millions of dollars of expenditures for television advertising. (Round your answers to three decimal places.)(a) What advertising expenditures would maximize sales revenue in each district?Region 1 $millionRegion 2 $million(b) How much money will be needed to maximize sales revenue in both districts?$million

Here we have to evaluate what advertising expenditure would maximize the sales revenue in both the…

Answered: The manufacturer of GRIPPER tires…

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter12: Algebra Of Matrices

Section12.CR: Review Problem Set

Problem 37CR

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