Suppose a company's profits are given by P = x^2 y, where x is the amount of money they spend on TV advertising, and y is the amount of money they spend on internet advertising. In total, this company will spend 12 (million) dollars on advertising (that is, TV plus internet). How much should they spend on each type to maximize profits? NOTE: You can just use 12 instead of 12.000,000 in your computations.
Suppose a company's profits are given by P = x^2 y, where x is the amount of money they spend on TV advertising, and y is the amount of money they spend on internet advertising. In total, this company will spend 12 (million) dollars on advertising (that is, TV plus internet). How much should they spend on each type to maximize profits? NOTE: You can just use 12 instead of 12.000,000 in your computations.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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Suppose a company's profits are given by P = x^2 y, where x is the amount of money they spend on TV advertising, and y is the
amount of money they spend on internet advertising. In total, this company will spend 12 (million) dollars on advertising (that is,
TV plus internet). How much should they spend on each type to maximize profits? NOTE: You can just use 12 instead of
12.000,000 in your computations.
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