Suppose that a political campaign by Loki estimates that the candidate's polling percentage y and the amount x (in hundred thousands of pesos) that is spent on television advertising are related by y = e0.3x + (5 In x)² while the amount that is spent on social media advertising are related by (x – 3)* + 3y = X (a) If P300,000 has been spent on television advertising by Loki's campaign, determine the rate of spending that will increase his polling percentage by 2 percentage points per week. (b) Suppose that Loki's political adversary, Thor, is slowly ramping up his presence on social media. If Loki's team plans on spending P400,000 on social media advertising and the rate of spending is at P100,000 per week, at what rate will the polling percentage increase?

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
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 8P
icon
Related questions
Question
100%
Suppose that a political campaign by Loki estimates that the candidate's polling percentage y
and the amount x (in hundred thousands of pesos) that is spent on television advertising are
related by
y = e0.3x
+ (5 In x)?
while the amount that is spent on social media advertising are related by
(x – 3)* + 3y = x
(a) If P300,000 has been spent on television advertising by Loki's campaign, determine the
rate of spending that will increase his polling percentage by 2 percentage points per week.
(b) Suppose that Loki's political adversary, Thor, is slowly ramping up his presence on social
media. If Loki's team plans on spending P 400,000 on social media advertising and the rate
of spending is at P100,000 per week, at what rate will the polling percentage increase?
Transcribed Image Text:Suppose that a political campaign by Loki estimates that the candidate's polling percentage y and the amount x (in hundred thousands of pesos) that is spent on television advertising are related by y = e0.3x + (5 In x)? while the amount that is spent on social media advertising are related by (x – 3)* + 3y = x (a) If P300,000 has been spent on television advertising by Loki's campaign, determine the rate of spending that will increase his polling percentage by 2 percentage points per week. (b) Suppose that Loki's political adversary, Thor, is slowly ramping up his presence on social media. If Loki's team plans on spending P 400,000 on social media advertising and the rate of spending is at P100,000 per week, at what rate will the polling percentage increase?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning