A company will sell N units of a product after spending $x thousand in advertising, as given
Question:
A company will sell N units of a product after spending $x thousand in advertising, as given by
N = 60x - x2 5 ≤ x ≤ 30
Approximately what increase in sales will result by increasing the advertising budget from $10,000 to $11,000? From $20,000 to $21,000?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
Nx 60x7 2 5a 30 a is in thousand dollars budget is increased from 1000...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
Question Posted:
Students also viewed these Mathematics questions
-
A company will sell Gizmos to consumers at a price of $112 per unit. The variable cost to produce Gizmos is $24 per unit. The company expects to sell 12,000 Gizmos to consumers each year. The fixed...
-
Preparation of closing entries The Town of Falconcrest reports the following trial balance after all entries have been made for the year: Trial Balance CR Cash Receivables Real estate & personal...
-
A product with a large advertising budget has its sales S (in millions of dollars) given by where t is the number of months the product has been on the market. (a) Find the rate of change of sales at...
-
Use a calculator to obtain solutions correct to the nearest hundredth in Problems 4954. x + 4 = 32x
-
What is the opportunity cost of buying a $20,000 car?
-
Renolds Rims and Spokes manufactures a large variety of automobile and truck tire rims for sale to manufacturers and repair shops. The equipment used to manufacture the rims is expensive and requires...
-
Describe or define the following terms: 1. Asset 2. Liability 3. Shareholders equity 4. Revenue 5. Expense Discuss how the five terms relate to one another.
-
1. Although the presentation was successful, Rick and Carla ask you to create a checklist of presentation dos and donts that would be helpful for IT staff people who deliver presentations. 2. Rick...
-
automotive industry by introducing three innovative electric vehicles - Terra SUV, Electra Sedan, and Zenith Hatchback. With a commitment to sustainability, the company aims to address the...
-
Create a class entertainment consisting of the following data members: Title Air Date i.e. Release Date Genre Type (i.e. Movie, TV Show) Runtime Country Actors Rating. Follow the instructions...
-
In Problem determine where f is continuous. Express the answer in interval notation. f(x) = V4 x
-
Find dy and y for y = 52x, x = 4, and x = dx = 0.3.
-
The data set 2010Stock contains 2010 daily closing stock market values for several well-known companies. a. Conduct PCA on the 2010Stock data set. What percentage of the variation is explained by the...
-
Why do auditors not usually rely on substantive tests alone when auditing accounts payable that result from credit purchase transactions?
-
Which of the following would not likely motivate management to selectively sell available-for-sale securities? a. Market share declined 5 percent this year. b. A new product has not been...
-
Which of the following financial statement assertions are addressed by testing the cutoff for plant asset additions? a. Existence and rights. b. Valuation or allocation. c. Completeness and...
-
What is the primary focus of an auditor's tests of controls over purchasing?
-
Assuming that one of management's control objectives is to restrict access to securities, which of the following would not be appropriate to satisfy the objective? a. Establish physical barriers over...
-
Each year, Tom and Cindy Bates report itemized deductions of $10,000, including a $4,000 pledge payment to their church. Upon the advice of a friend, they do the following: in early January 2015,...
-
A city maintains a solid waste landfill that was 12 percent filled at the end of Year 1 and 26 percent filled at the end of Year 2. During those periods, the government estimated that total closure...
-
Refer to Example 3 and Matched Problem 3. What was the total amount Jane deposited in order to have $143,785.10 at retirement? What was the total amount Mary deposited in order to have the same...
-
A company estimates that it will have to replace a piece of equipment at a cost of $800,000 in 5 years. To have this money available in 5 years, a sinking fund is established by making equal monthly...
-
(A) Which would be the better way to invest $1,000: at 9% simple interest for 10 years, or at 7% compounded monthly for 10 years? (B) Explain why the graph of future value as a function of time is a...
-
Palmetto Bug Extermination Corporation ( PBEC ) , a U . S . company, regularly purchases chemicals from a supplier in Switzerland with the invoice price denominated in Swiss francs. PBEC has...
-
Complete the ordinary annuity. Note: Do not round intermediate calculations. Round your answer to the nearest cent. Amount of payment Payment payable Years Interest rate Value of annuity $ 12,000...
-
Bank of America's Consumer Spending Survey collected data on annual credit card charges in seven different categories of expenditures: transportation, groceries, dining out, household expenses, home...
Study smarter with the SolutionInn App