A company has a total of $25600 to spend on the development and promotion of a new product. The company estimates that if $ I is spent on development and $ y is spent on promotion, Tiya 230000 then the equation I gives the number of items of new product that will be sold. Based on this information, how much should the company spend on development so that the Maximum number of products can be sold? Answer: The company should spend $ on development and on promotion of the new product in order to sell a maximum number of new items.
A company has a total of $25600 to spend on the development and promotion of a new product. The company estimates that if $ I is spent on development and $ y is spent on promotion, Tiya 230000 then the equation I gives the number of items of new product that will be sold. Based on this information, how much should the company spend on development so that the Maximum number of products can be sold? Answer: The company should spend $ on development and on promotion of the new product in order to sell a maximum number of new items.
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter5: Systems Of Linear Equations
Section5.2: Solve Systems Of Equations By Substitution
Problem 5.48TI: Kenneth currently sells suits for company A at a salary of $22,000 plus a $10 commission for each...
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Transcribed Image Text:A company has a total of $25600 to spend on the development and promotion of a new product.
The company estimates that if $z is spent on development and $ y is spent on promotion,
then the equation I
gives the number of items of new product that will
230000
be sold. Based on this information, how much should the company spend
on development so that the Maximum number of products can be sold?
Answer:
The company should spend $
on development and
2$
on promotion of the new product in order
to sell a maximum number of new items.
Remember always to include your graph in an Appropriate Window in your Notebooks for EVERY PROBLEM
along with the rest of your work.
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