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TFauchery

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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


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Marked as best answer by TFauchery on Jun 16, 2021

GCabra

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TFauchery

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Reply 2 on: Jun 16, 2021
Excellent


mjenn52

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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