Diminishing Returns Jesaki Inc estimates that it will sell N(x) units of product after spending $x thousand on advertising, as given by N(x) = 0.53 x 49 x³- 1,063 x² + 156,815. What is the point of diminishing returns? Round to the nearest dollar.

Diminishing Returns Jesaki Inc estimates that it will sell N(x) units of product after spending $x thousand on advertising, as given by N(x) = 0.53 x 49 x³- 1,063 x² + 156,815. What is the point of diminishing returns? Round to the nearest dollar.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: What is MARR and how do you choose it?

A: While making a decision to invest in a new project, the managers of companies do an analysis to…

Q: 100 90 80 ATC 70 50 30 AVC 20 MC 10 + 0 0 5 10 15 20 25 30 35 40 45 50 QUANTITY (Thousands of pans)…

A: In perfect competition we assume that the marginal cost curve is same as the supply curve. The below…

Q: 10.6 Breakeven Analysis 1. Marsha used a graphing calculator to graph an expense and a revenue…

A: Break even point is that point where the profits are 0 => Profits = Revenue - Cost = 0 =>…

Q: Question 4 of 10 When you support a A. small business OB. large corporation R you are more likely to…

A: Small business and large busines are the businesses that are differentiated on the basis of their…

Q: Why do we call Why do we have phone's How can we us our mobile to call people from overseas

A: Why do we call This is in line with the previous explanation that most of callers call to find a…

Q: need the anwser asap. thank you

A: b. Consumer surplus:Consumer surplus is the difference between the price consumers are willing to…

Q: 3) Use the table below to answer the following questions. Table 1 Bud Light Offer Don't Offer New…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: hapter 02 Teresa is a hard-working college freshman. One Sunday, she decides to work nonstop until…

A: Marginal Gain from 9:00 AM to 10:00 AM:Problems answered from 8:00 AM to 9:00 AM = 80Problems…

Q: Can you show a diagram with numbers (detailed)?

A: Any type of intervention by the government interferes with the free-market mechanism and generates a…

Q: Two sport utility vehicles (SUVS) are being considered by a recent engineering graduate. Using the…

A: Relative rank refers to the position of an individual or group in relation to others in a specific…

Q: Make flow chart of type of budget?

A: budget is a estimate expense and income for certain period of time

Q: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: So what is the opportunity cost of producing one more cake if we move from combination C to…

A: The objective of the question is to calculate the opportunity cost of producing one more cake when…

Q: What ethical issues could an online venture that sells Houdoran coffee beans address, encounter, or…

A: The objective of the question is to identify and discuss the potential ethical issues that an online…

Q: References Mailings Review View Help In a one-shot game, if you advertise and your rival advertises,…

A: a) From the given information ,we get the payoffs of the game as shown below: Your rival Your…

Q: hat i nd Ho rovid xplan astict kes elasti

A: The elasticity is the percentage change concept and not the absolute change concept between the…

Q: Do you currently have a job? Do you feel valued and appreciated at work? Type A Yes Yes 4.7% 7.9%…

A: Unemployed are those people who are willing to work but do not have a paid job. Unemployment rate…

Q: Engineers are called upon to participate in a variety of decision-making processes. What are they?

A: Decision making is a cognitive process of choosing a course of action, a tangible item for…

Q: Benefits of CDPS for Customer Service base on acceptability of collection and delivery points from…

A: Introduction With the consolidated data contained in the CDP, marketers can create and sustain…

Q: Explain the main structure of a proposal and discuss what kinds of content should be included. What…

A: A proposal is a written document that outlines a plan or an idea and seeks approval, funding, or…

Q: what will happen if two assets are earning the same exoected return, but one is risker than the…

A: You are presented with two assets in your investment portfolio.Both of these assets are expected to…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: Pokémon names: Azurill, Bagon, Bellsprout, Bellossom, Bastiodon, Barboach, Banette, Beautifly,…

Q: Can you solvie it step by step. Manually

A: Engineering economics entails a methodical analysis of the financial advantages of suggested…

Q: Give examples of pre-start up expenses

A: The expenses incurred during the process of starting a new firm are known as startup costs.A company…

Q: Tony decided to visit his parent in San Diego during the long weekend. He has two options. Either he…

A: Opportunity cost is the value of the following best alternative that must be given up in order to…

Q: For what purposes and how to appy the SPS Agreement?

A: SPS Agreement The "SPS Agreement" (Sanitary and Phytosanitary Measures) establish in January 1,…

Q: Calculate forecast for the month 5 using 2 month moving average method. Month 1 2 3 Sales 10 12 13…

A: Using the 2 months simple moving average method, the sales forecast for the 5th month is = (Sales…

Q: Advantages and disadvantages of using technology - any ethical challenges?

A: Advantages of using technology Technology leads to increase in innovation.It creates new horizons of…

Q: 2. What is the crowding- out effect? How does it modify the implications of the basic Keynesian…

A: Crowding out occurs when expansionary fiscal policy causes the interest rates to rise, thereby…

Q: SERNAME: student ASSWORD: Broward1

A: Introduction The percentage of the population living in poverty. The difference between the poverty…

Q: Q 1 2 3 4 5 6 7 8 9 10 FC $16 $16 $16 $16 $16 $16 $16 VC ATC $20 $36.00 $27.00 $38 $54 $23.33 $68…

A: In the long run, the market price equals the minimum average total cost (ATC) of producing any…

Q: Write a brief on SDGs 7,8 and 13. How it works if there is a hydro power plant. Maximum 1000

A: The Sustainable Development Goals (SDGs) linked to global goals aimed at becoming a "framework for…

Q: The EPA says the value of a human life is $9.4 million, measured from birth to death. If life…

A: According to the information given, the value of a human life is $9.4 million measured from birth to…

Q: There is a proposal in Essex county to build hiking trails in a nearby reservation. There are two…

A: Willingness to pay: In behavioral economics, willingness to pay(WTP) refers to the lowest or highest…

Q: "Role and impact of technology on new-age leadership."

A: Role and impacts of the technology helps in the age leadership, that would make the technology use…

Q: please check the calculations. i think they are wrong

A: Net cash flow is actually profitability ratio which indicates the profits in a specific period of…

Q: The following information has been gathered on the costs and effectiveness of the two treatments, A…

A: Cost-benefit analysis is a decision-making tool that evaluates the potential costs and benefits of a…

Q: Highest death facing country

A: Below is the information deduced from the graph: Number of death faced by Austria = 1200 Number of…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: Approach to solving the question: Detailed explanation:Value-added Lead TimeCutting and assembly…

Q: Simplify: 2x/3 - 3x/4 a. 6x2/12 b. x/12 c. -x/12 d. -x

A: The objective of the question is to simplify the given expression 2x/3 - 3x/4.

Question

Jesaki

screenshot with question attached

thanks

4kti42o4i2

24i

Diminishing Returns
Jesaki Inc estimates that it will sell N(x) units of product after spending
$x thousand on advertising, as given by
N(x) = 0.53 x 49 x³- 1,063 x² + 156,815.
What is the point of diminishing returns? Round to the nearest dollar.
$

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Introduce the concept

VIEW

Step 2: Compute the point of diminishing returns

VIEW

Solution

VIEW

Step by step

Solved in 3 steps with 4 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

PLS HELP ASAP ON BOTH
How did you get 5.49 for AVC?
PLEASEEE HELPPP
Pick 1 current economic topic below and You will research and find an article that covers the topic you have chosen. You can use an article online or offline from any reputable source. You will write up a review of the article and integrate course concepts into your review. Please make sure you summarize the article. Complete this essay in a Microsoft Word document in APA format and Works Cited page. Please note that a minimum of 700 words for the essay is required. Business costs: · Implicit and explicit costs · Accounting profits · Economic profits · Productivity · Total costs · Marginal costs · …
Economics A company sells apples. Annual demand is 20,000, the order cost is $150.00 and the holding cost is 20% of the cost of each item. Cost of each item is $80.00. Calculate: a. The economic order quantity EOQ) b(i) the annual order cost ii) the annual holding cost iii ) total annual cost including cost of items.
The question under it start with personal income is the question that need to answer until the list four . The table is the info for the question
only typed solution
Typed and correct answer please. I ll rate
What is the MC of the 2nd unit? Select an answer and submit. For keyboajd navigation, use the up/down arrow keys to select an answer. a 10 20 30 50
e Chrome du.om/mod/quiz/attempt.php?attempt=D19975&cmid-11765&page=2 matics for Business and Economics(1) purse Mathematics for Busine Givent funci OTR-40- OTR 120-40 OTR=0 4Q What is the maximu value TR?
Give typing answer with explanation and conclusion A state department of health is considering a public awareness campaign to encourage vaccination. It determines that the cost of this campaign would be $740,000 per year for the next 6 years. It estimates that the campaign would reduce rates of illness and communicable disease. At the end of the first year of the campaign, the resulting savings would be $1,150,000; the savings would decrease by $100,000 each of the following 5 years. Assuming a discounting factor of 5.5%, compute
What is the the procedure in responding to any emergency situation onboard the ship?