4 It costs a company $6/unit to produce a product. If it charges a price p and...
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4 It costs a company $6/unit to produce a product. If it charges a price p and spends a dollars on advertising, it can sell 10,000p2a1/6 units of the product. Find the price and advertising level that will maximize the company’s profits.
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Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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