The profit P(x) (in thousand dollars) that a company earns from the sale of 'x' thousand...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The profit P(x) (in thousand dollars) that a company earns from the sale of 'x' thousand units is given by P(x) = 3x -x? The sales level x' is in turn a function g(M) of the number of dollars spent on advertising, where 100 8 (M) =21- M+ 100 Express the profit as a function of dollars spent on advertising. none of the options 2M (M+ 300) P(g (M)) = (M+ 100) 2 6M P(g (M)) = (M+ 100) 2 2M2 P(g (M)) = (M+ 100) 2 The profit P(x) (in thousand dollars) that a company earns from the sale of 'x' thousand units is given by P(x) = 3x -x? The sales level x' is in turn a function g(M) of the number of dollars spent on advertising, where 100 8 (M) =21- M+ 100 Express the profit as a function of dollars spent on advertising. none of the options 2M (M+ 300) P(g (M)) = (M+ 100) 2 6M P(g (M)) = (M+ 100) 2 2M2 P(g (M)) = (M+ 100) 2
Expert Answer:
Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
Posted Date:
Students also viewed these mathematics questions
-
Assume that a company earns $280,000 in profit for the year on $3 million in revenue. The board of directors decides to keep half to pay for dividends and to reinvest the rest in the company. Sixty...
-
8 2x 2 = 3x + x
-
8 x 2 3x Describe the solution set as an inequality, in interval notation, and on a graph.
-
Factor completely. 3(r + 5) - 11(r + 5) 4
-
Assume a normal distribution with known population variance. Calculate the LCL and UCL for each of the following. a. x-bar = 50; n = 64; = 40; = 0.05 b. x-bar = 85; n = 225; 2 = 400; = 0.01 c....
-
Steam at 6 MPa and 500C enters a two-stage adiabatic turbine at a rate of 15 kg/s. 10 percent of the steam is extracted at the end of the first stage at a pressure of 1.2 MPa for other use. The...
-
With reference to Exercise 4.87, find the mean and the variance of the distribution of the number of microelectrodes made from glass tubing using (a) the probabilities obtained in that exercise; (b)...
-
Chimnesia has two equally sized groups of people: smokers and nonsmokers. Both types of people have utility U = ln(C), where C is the amount of consumption that people have in any period. So long as...
-
Translate the following code into MIPS code. int Test (int i, int j) { int a; a = i + j + 5; a = Leaf (a + 1) + Leaf (a); return a; } int Leaf (int b) { int c; c = b+b; return g; } Assume variables a...
-
There are two wooden sticks of lengths A and B respectively. Each of them can be cut into shorter sticks of integer lengths. Our goal is to construct the largest possible square. In order to do this,...
-
Calculate ? G ? at 298 K for thefollowing reactions. Part A NH3( g )+HBr( g )?NH4Br( s ) Part C 2KClO3( s )?2KCl( s )+3O2( g ) Part E CH4( g )+3Cl2( g )?CHCl3( g )+3HCl( g ) ? G ?f for CHCl3( g ) is...
-
Lori Harpoolian (John's sister) had the steely blue eyes that seemed to be a prerequisite for high priced corporate attorneys. Those eyes would bore into the soul of her managerial victims, forcing...
-
My objective was to explain agency theory and the nature of the principal-agent relationship between the owners and managers of a corporation, including potential ethical problems that may occur. I...
-
ABC constructioneering company is a mid-sized civil engineering company with a focus on residential and commercial construction projects. They have a strong commitment to safety and sustainability...
-
Explain why effective and efficient utilisation of information is necessary to logistics and supply chain managers. Discuss the six types of information systems and provide logistics application for...
-
the x-y plane is given by 6.12i + 3.24j m/s at time t 3.65 s. Its aver- age acceleration during the next 0.02 s is 4i + 6j m/s. Determine the velocity v of the particle at t 3.67 s and the angle...
-
Part B The following table represents a summary of information from 4 staff members of the Donations team that processes inbound calls to take donations for a charity client. This information was...
-
For each of the following reactions, express the equilibrium constant: a) H20 (I) H2 (g) + 02 (g) Ke = 1.0x107 b) Fe2 (g) 2F (g) Ke= 4.9 x 10-21 c) C (s) + O2 (g) d) H2 (g) + C2H4 (g) C2H6 (g) Ke =...
-
If an investment earns 12% compounded continuously, how much should you deposit now to have $4,800 (A) 48 months from now? (B) 7 years from now?
-
In Problem, find f'(x) and the equation of the line tangent to the graph off at the indicated value of x. Find the value(s) of x where the tangent line is horizontal. f(x) = ln(l - x2 + 2x4); x = 1
-
In problem indicate verbally how the graph of function is related to the graph of the one of the six basic functions in figure 1 on page 60.Sketch a graph of each function. g ( x ) = -6 +3x
-
Factor (smart beta) strategy ETFs are least likely to be used by investors: A. to modify portfolio risk. B. for tactical trading purposes. C. to seek outperformance versus a benchmark.
-
Which of the following statements regarding applications of ETFs in portfolio management is correct? A. Equity ETFs tend to be more active than fixed-income ETFs. B. The range of risk exposures...
-
Which of Stosurs statements regarding ETF mechanics is correct? A. Statement 1 B. Statement 2 C. Statement 3 Howie Rutledge is a senior portfolio strategist for an endowment fund. Rutledge meets with...
Study smarter with the SolutionInn App