Author Question: Solve the problem. Assume that relative maximum and minimum values are absolute maximum and minimum ... (Read 194 times)

TFauchery · **on:** Jun 16, 2021

Solve the problem. Assume that relative maximum and minimum values are absolute maximum and minimum values.

A company uses TV and magazines for advertising. They know that profit P is related to the amounts T spent on TV and M spent on magazines by the equation P = 24MT - 4M - 3T + 1, where P, M, and T are in hundreds of thousands. Find the maximum profit.
◦ $60,000
◦ $120,000
◦ $50,000
◦ $100,000

GCabra · **Reply #1 on:** Jun 16, 2021

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