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The manufacturer of GRIPPER tires modeled its return to sales from television advertising expenditures in two regions, as follows: Region 1: s, = 20 + 30x, - 0.4x, Region 2: S2 = 10 + 28x, - 1.1x2 where S, and S, are the sales revenue in millions of dollars and x, and x, are millions of dollars of expenditures for television advertising. (Round your answers to three decimal places.) (a) What advertising expenditures would maximize sales revenue in each district? Region 1 Region 2 million X million (b) How much money will be needed to maximize sales revenue in both districts? $ 1 X million Enter a number.

The manufacturer of GRIPPER tires modeled its return to sales from television advertising expenditures in two regions, as follows: Region 1: s, = 20 + 30x, - 0.4x, Region 2: S2 = 10 + 28x, - 1.1x2 where S, and S, are the sales revenue in millions of dollars and x, and x, are millions of dollars of expenditures for television advertising. (Round your answers to three decimal places.) (a) What advertising expenditures would maximize sales revenue in each district? Region 1 Region 2 million X million (b) How much money will be needed to maximize sales revenue in both districts? $ 1 X million Enter a number.

Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 28EQ
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The manufacturer of GRIPPER tires modeled its return to sales from television advertising expenditures in two regions, as follows: Region 1: s, = 20 + 30x, - 0.4x, Region 2: S2 = 10 + 28x, - 1.1x2 where S, and S, are the sales revenue in millions of dollars and x, and x, are millions of dollars of expenditures for television advertising. (Round your answers to three decimal places.) (a) What advertising expenditures would maximize sales revenue in each district? Region 1 Region 2 million X million (b) How much money will be needed to maximize sales revenue in both districts? $ 1 X million Enter a number.
Transcribed Image Text:The manufacturer of GRIPPER tires modeled its return to sales from television advertising expenditures in two regions, as follows: Region 1: s, = 20 + 30x, - 0.4x, Region 2: S2 = 10 + 28x, - 1.1x2 where S, and S, are the sales revenue in millions of dollars and x, and x, are millions of dollars of expenditures for television advertising. (Round your answers to three decimal places.) (a) What advertising expenditures would maximize sales revenue in each district? Region 1 Region 2 million X million (b) How much money will be needed to maximize sales revenue in both districts? $ 1 X million Enter a number.
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