Answer:
Step-by-step explanation:
If the profit realized by the company is modelled by the equation
P (x) = −0.5x² + 120x + 2000, marginal profit occurs at dP/dx = 0
dP/dx = -x+120
P'(x) = -x+120
Company's marginal profit at the $100,000 advertising level will be expressed as;
P '(100) = -100+120
P'(100) = 20
Marginal profit at the $100,000 advertising level is $20,000
Company's marginal profit at the $140,000 advertising level will be expressed as;
P '(140) = -140+120
P'(140) = -20
Marginal profit at the $140,000 advertising level is $-20,000
<u>Based on the marginal profit at both advertising level, I will recommend the advertising expenditure when profit between $0 and $119 is made. At any marginal profit from $120 and above, it is not advisable for the company to advertise because they will fall into a negative marginal profit which is invariably a loss.</u>
15. true 16. false in my coculations.
Answer:
$13.67 - $11.50
So the raise over 7 years was $2.17
So to find the annual raise in the wage:
$2.17 / 7 = 0.31
His wage was raised <u>.31 every year</u>.
Answer:
-1 is the answer
Step-by-step explanation:
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