The marginal profit of a certain company is given by where x represents the amount of money
Question:
The marginal profit of a certain company is given by
where x represents the amount of money (in thousands of dollars) that the company spends on advertising. Find the profit for each advertising expenditure if the profit is $1000 when nothing is spent on advertising.
a. $3000
b. $5000
c. Can advertising expenditures ever reach $8000 according to this model? Explain why or why not.
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Step by Step Answer:
To find the total profit we need to integrate the marginal profit function We can do this using the ...View the full answer
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Related Book For 
Calculus With Applications
ISBN: 9780321831101
10th Edition
Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey
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