Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

< > M M(1,245) - dwalla39@uncc.edu - UNC Ch... my.charlotte.edu learn.hawkeslearning.com Dashboard Lesson 4.1b Higher Order Derivatives: t... C The sales function for a

image text in transcribed

< > M M(1,245) - dwalla39@uncc.edu - UNC Ch... my.charlotte.edu learn.hawkeslearning.com Dashboard Lesson 4.1b Higher Order Derivatives: t... C The sales function for a product is give... DYLAN WALLACE Save & Exit Certify Lesson: 4.1b Higher Order Derivatives: t... Question 8 of 10, Step 1 of 1 7/13 Correct 0 The sales function for a product is given by S(x) = 111 + 30.6x - 0.3x, where x represents thousands of dollars spent on advertising, 0 x 68, and S is in thousands of dollars. Find the point of diminishing returns. Enter the amount spent on advertising as well as the sales in dollars. Answer Keypad Keyboard Shortcuts Selecting a checkbox will replace the entered answer value(s) with the checkbox value. If the checkbox is not selected, the entered answer is used. Amount Spent on Advertising: $ 2023 Hawkes Learning Total Sales: $ No point of diminishing returns Submit Answer

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elements Of Chemical Reaction Engineering

Authors: H. Fogler

6th Edition

013548622X, 978-0135486221

More Books

Students also viewed these Mathematics questions

Question

Distinguish the three measures used in marketing research.

Answered: 1 week ago