10. The profit, P, of a video company (in thousands of dollars), is given by P(x) = -5x² + 550x-5000, where x is the amount spent on advertising, in thousands of dollars. a) Determine the amount spent on advertising that will res in a profit of $0. In other words, you will determine the amount that must be spent on advertising in order for t company to "break even." Describe the relationship betw these values and the graph of P(x). b) How much should be spent on advertising to achieve a maximum profit? c) What is the maximum profit?
10. The profit, P, of a video company (in thousands of dollars), is given by P(x) = -5x² + 550x-5000, where x is the amount spent on advertising, in thousands of dollars. a) Determine the amount spent on advertising that will res in a profit of $0. In other words, you will determine the amount that must be spent on advertising in order for t company to "break even." Describe the relationship betw these values and the graph of P(x). b) How much should be spent on advertising to achieve a maximum profit? c) What is the maximum profit?
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter9: Systems Of Linear Equations
Section9.5: Multiplication With The Addition-or-subtraction Method
Problem 31P
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