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Suppose I am about to open a skate park that serves beer and food, and I believe advertising will impact the number of people who
- Suppose I am about to open a skate park that serves beer and food, and I believe advertising will impact the number of people who come to the grand opening. Based on past experience, I estimate the following relationship between number of customers (C) and the amount of advertising (A) to be:
C = 300 + 8A - .02A2.
Graph this function and define and describe (in economic terms!) the intercept and slope.
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