Question: Higher order thinking problems 10. The profit P (in thousands of dollars) for a company spending an amount (in thousands of dollars) on advertising is

Higher order thinking problems 10. The profit P (in thousands of dollars) for a company spending an amount (in thousands of dollars) on advertising is P = -3 +682 + 400 10 (a) Find the amount of money the company should spend on advertising to yield a maximum profit. (b) The point of diminishing returns is the point at which the rate of growth of the profit function begins to decline. Find the point of diminishing returns

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