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The relationship between marketing expenditures ( x ) and sales ( y ) is given by the following formula, y = 9 x 0.20 x
The relationship between marketing expenditures (x) and sales (y) is given by the following formula,y= 9x 0.20x2+ 8. (Hint: Use the Nonlinear Solver tool).
- What level of marketing expenditure will maximize sales?(Round your answer to 2 decimal places.)
- What is the maximum sales value?(Round your answer to 2 decimal places.)
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College Accounting Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
23rd edition
1337794759, 978-1337794756
