Question
A company has invested in an online tool that is expected to generate a continuous revenue at a rate that increases 254 thousand TLs
A company has invested in an online tool that is expected to generate a continuous revenue at a rate that increases 254 thousand TLs per time period t (t= 0 is when the tool begins to function). A continous promotion cost (in thousand TLs) function for 510 time periods, C(t), is also derived for the machine, C(t) = - + 510t. How much profit in thousand TLs is generated in 256 periods?
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ANSWER To calculate the profit generated in 256 periods we need to subtract the total promotion cost ...Get Instant Access to Expert-Tailored Solutions
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Financial statements
Authors: Stephen Barrad
5th Edition
978-007802531, 9780324186383, 032418638X
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