Suppose that in Calculus Problem 2 repair work costs $100 per hour and you have $1,500 to

Question:

Suppose that in Calculus Problem 2 repair work costs $100 per hour and you have $1,500 to allocate between repair work and advertising. Write down the constrained optimization problem you face. What is your best choice of repair hours and advertising? Interpret the condition that characterizes your best choice in terms of marginal benefits and marginal (opportunity) costs of repair work.