(See Solution) A company determines that if x thousand dollars are spent on advertising a certain product, the S(x) units of the product will be sold, where


Question: A company determines that if x thousand dollars are spent on advertising a certain product, the S(x) units of the product will be sold, where

S(x) = (200x + 1,500) / (0.02x 2 + 5)

  1. Sketch the graph of S(x)
  2. How many units will be sold if nothing is spent on advertising?
  3. How much should be spent on advertising to maximize sales? What is the maximum sales level?

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Solution: The downloadable solution consists of 1 pages
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