A company finds that the number of new products it develops per year depends on the...
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A company finds that the number of new products it develops per year depends on the size of its annual R&D budget, x (in hundreds of thousands of dollars), according to the formula given below. n(x) = -1 + 8x + 2x² - 0.5x3 (a) Find n'(1) and n”(3). n"(1) = n"(3) = Interpret the results. With $100,000 invested in R&D, the number of new products per $100,000 is increasing at a rate of $300,000 invested in R&D, it is decreasing at a rate of LA new products per $100,000 per $100,000. new products per $100,000 per $100,000, and with (b) Find the size of the budget that gives the largest rate of return as measured in new products per dollar (again, called the point of diminishing returns). (Round your answer to the nearest cent.) A company finds that the number of new products it develops per year depends on the size of its annual R&D budget, x (in hundreds of thousands of dollars), according to the formula given below. n(x) = -1 + 8x + 2x² - 0.5x3 (a) Find n'(1) and n”(3). n"(1) = n"(3) = Interpret the results. With $100,000 invested in R&D, the number of new products per $100,000 is increasing at a rate of $300,000 invested in R&D, it is decreasing at a rate of LA new products per $100,000 per $100,000. new products per $100,000 per $100,000, and with (b) Find the size of the budget that gives the largest rate of return as measured in new products per dollar (again, called the point of diminishing returns). (Round your answer to the nearest cent.)
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Then b nx nx 0 81 32x 053X2 bx 8 0 615 2x n n 4 D 3 18x... View the full answer
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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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