Problem

MARKETING A company makes two products, A and B. The manager estimates that if x % of the...

MARKETING A company makes two products, A and B. The manager estimates that if x % of the total marketing budget she has available is spent on marketing product A, then the total profit gained from both products will be P thousand dollars, where

a. Sketch the graph of P(x) .


b. What is the company’s proflt when the marketing budget is split equally between the two products?


c. Express the total profit P in terms of the percentage y of the budget that is spent on marketing product B.

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Solutions For Problems in Chapter 1.4