The marketing department of a company has determined that if it spends a thousands of dollars on billboard advertisements and y thousand dollars on magazine advertisements, the company's revenue (in thousands of dollars) will be R(x, y) = -0.05x² - 50y² + 3x + 3y + 3xy How much money should this company spend on billboard advertisements and magazine advertisements to maximize its revenue? Billboard: $ Magazine: $ The maximum revenue the company will attain is $

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
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The marketing department of a company has determined that if it spends a thousands of dollars on
billboard advertisements and y thousand dollars on magazine advertisements, the company's revenue (in
thousands of dollars) will be
R(x, y) = -0.05x² - 50y² + 3x + 3y + 3xy
How much money should this company spend on billboard advertisements and magazine advertisements to
maximize its revenue?
Billboard: $
Magazine: $
The maximum revenue the company will attain is $
Transcribed Image Text:The marketing department of a company has determined that if it spends a thousands of dollars on billboard advertisements and y thousand dollars on magazine advertisements, the company's revenue (in thousands of dollars) will be R(x, y) = -0.05x² - 50y² + 3x + 3y + 3xy How much money should this company spend on billboard advertisements and magazine advertisements to maximize its revenue? Billboard: $ Magazine: $ The maximum revenue the company will attain is $
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