The marketing department of a company has determined that if it spends æ thousands of dollars onbillboard advertisements and y thousand dollars on magazine advertisements, the company'srevenue (in thousands of dollars) will beR(x, y) = - 0.08x? – 100y? + 2æ + 4y + 4xyHow much money should this company spend on billboard advertisements and magazineadvertisements to maximize its revenue?Billboard: $Magazine: $The maximum revenue the company will attain is $

Name: The marketing department of a company has determined that if it spend
Uploaded: 2024-03-20T07:07:26.000Z
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Description: The marketing department of a company has determined that if it spends æ thousands of dollars onbillboard advertisements and y thousand dollars on magazine advertisements, the company'srevenue (in thousands of dollars) will beR(x, y) = - 0.08x? – 10

We first find the critical points of the function R(x,y), the points at which both the partial…

Math

Calculus

The marketing department of a company has determined that if it spends æ thousands of dollars on billboard advertisements and y thousand dollars on magazine advertisements, the company's revenue (in thousands of dollars) will be R(r, y) = - 0.08æ? – 100y? + 2x + 4y + 4æy How much money should this company spend on billboard advertisements and magazine advertisements to maximize its revenue?