Asked by Sam
A company produces portable cassette players estimates that the profit P (in dollars) for selling a particular model is P=-76x^3+4830x^2-320,000, 0 ≤ x ≤ 50, where x is the advertising expense (in tens of thousands of dollars). Using this model, find the smaller of two advertising amounts that will yield a profit of $800,000.
Answers
Answered by
Steve
This is just algebra I. You want x where
-76x^3+4830x^2-320000 = 800000
I suggest a graphing utility, as this has no rational roots.
-76x^3+4830x^2-320000 = 800000
I suggest a graphing utility, as this has no rational roots.
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