thousands of dollars, is given by the equation P(x) = -5x² +400x - 3500, where x is the amount spent on advertising, in thousands of dollars. A) Determine the maximum profit the company can make B) Determine the amount of advertising that will result in the maximum profit. C) what amount of advertising will result in the company breaking even? D) what is the profit if the clothing company spent $2000 in advertising
thousands of dollars, is given by the equation P(x) = -5x² +400x - 3500, where x is the amount spent on advertising, in thousands of dollars. A) Determine the maximum profit the company can make B) Determine the amount of advertising that will result in the maximum profit. C) what amount of advertising will result in the company breaking even? D) what is the profit if the clothing company spent $2000 in advertising
Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
ChapterP: Preliminary Concepts
SectionP.CT: Test
Problem 1CT
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The profit P(x) of a clothing company, in thousands of dollars, is given by the equation P(x) = -5x² +400x - 3500, where x is the amount spent on advertising, in thousands of dollars.
A) Determine the maximum profit the company can make
B) Determine the amount of advertising that will result in the maximum profit.
C) what amount of advertising will result in the company breaking even?
D) what is the profit if the clothing company spent $2000 in advertising?
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