The manufacturer of GRIPPER tires modeled its return to sales from television advertising expenditures in two regions, as follows: Region 1: s, = 10 + 32x, - 0.4x, Region 2: s, = 50 + 40x, - 1.3x,? 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 million Region 2 million (b) How much money will be needed to maximize sales revenue in both districts? million
The manufacturer of GRIPPER tires modeled its return to sales from television advertising expenditures in two regions, as follows: Region 1: s, = 10 + 32x, - 0.4x, Region 2: s, = 50 + 40x, - 1.3x,? 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 million Region 2 million (b) How much money will be needed to maximize sales revenue in both districts? million
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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