The profit P (in thousands of dollars) for a company spending an amount s (in thousands of dollars) on advertising is given by the following equation 153 + 15s2 + 250 10 P = (a) Find the amount of money the company should spend on advertising in order to yield a maximum profit. $ 100 (b) Find the point of diminishing returns. (s, P) = (50,25250
The profit P (in thousands of dollars) for a company spending an amount s (in thousands of dollars) on advertising is given by the following equation 153 + 15s2 + 250 10 P = (a) Find the amount of money the company should spend on advertising in order to yield a maximum profit. $ 100 (b) Find the point of diminishing returns. (s, P) = (50,25250
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section3.4: Slope-intercept Form
Problem 73PFA
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Question
![DETAILS
LARAPCALC10 3.4.509.XP.
The profit P (in thousands of dollars) for a company spending an amount s (in thousands of dollars) on advertising is given by the following equation.
P =
+ 15s2 + 250
10
(a) Find the amount of money the company should spend on advertising in order to yield a maximum profit.
$100
(b) Find the point of diminishing returns.
(s, P) = ( 50,25250
10.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2a307b36-c865-4fcf-a7db-77f9e8494761%2Ff023e101-b3d3-4808-9799-13dd9d8902b3%2F00zid7s_processed.jpeg&w=3840&q=75)
Transcribed Image Text:DETAILS
LARAPCALC10 3.4.509.XP.
The profit P (in thousands of dollars) for a company spending an amount s (in thousands of dollars) on advertising is given by the following equation.
P =
+ 15s2 + 250
10
(a) Find the amount of money the company should spend on advertising in order to yield a maximum profit.
$100
(b) Find the point of diminishing returns.
(s, P) = ( 50,25250
10.
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