1.4 As the manager of a local restaurant, you are considering various advertising campaigns. Each campaign costs...
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1.4 As the manager of a local restaurant, you are considering various advertising campaigns.
Each campaign costs $500 per week. You estimate that the first campaign raises your gross profit by $1,000, the second campaign raises it by $750, the third campaign raises it by
$500, and the fourth campaign raises it by
$250. What is the profit-maximizing number of advertising campaigns? Explain your answer.
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