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Author Question: A company finds that when it spends x million dollars on advertising, its profit P, in thousands of ... (Read 98 times)

mynx

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Question 1

A company estimates that the daily revenue (in dollars) from the sale of x cookies is given by  
Currently, the company sells 390 cookies per day. Use marginal revenue to estimate the increase in revenue if the company increases sales by one cookie per day.
◦ $41.00
◦ $48.80
◦ $0.41
◦ $0.49

Question 2

A company finds that when it spends x million dollars on advertising, its profit P, in thousands of dollars,  is given by
  
Currently the company spends 18 million dollars on advertising. Use the marginal profit to estimate the change in profit if the company increases its advertising expenditure by one million dollars.
◦ -109  thousand dollars
◦ 1180 thousand dollars
◦ 630 thousand dollars
◦ 486 thousand dollars


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Marked as best answer by mynx on Jun 16, 2021

aruss1303

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mynx

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Reply 2 on: Jun 16, 2021
YES! Correct, THANKS for helping me on my review


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Reply 3 on: Yesterday
Excellent

 

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