Solution) The profit P (in thousands of dollars) for a company spending and amount of s (in thousands of dolla


Question: The profit P (in thousands of dollars) for a company spending and amount of s (in thousands of dollars) on advertising is

\[P=-\frac{{{s}^{3}}}{10}+6{{s}^{2}}+400\]

(a) Find the amount of money the company should spend on advertising in order to yield a maximum profit.

(b) The point of diminishing returns is the point at which the rate of growth of the profit begins to decline. Find the point of diminishing returns.

Price: $2.99
Solution: The solution file consists of 1 page
Deliverable: Word Document

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