If the company buys x minutes of television advertising and

Assignment Help Finance Basics

Reference no: EM13616529

A company is planning to spend up to $10,000 on advertising. It costs $3,000 per minute to advertise on television and $1,000 per minute to advertise on radio.

If the company buys x minutes of television advertising and y minutes of radio advertising, its revenue in thousands of dollars is given by:f(x,y) = -2x^2 - y^2 + xy + 8x + 3y

Find the values of x and y that maximize the firms revenue while staying within its advertising budget.

Reference no: EM13616529

Questions Cloud

A projectile returns to its original height after 408 : q1. a rock is thrown directly upward from the edge of the roof of a building that is 50 m meters tall. the rock misses

An assets value was 1439 7 days ago if the assets value has : 1. suppose that a stocks price is 48 at the end of day 1. if the price of the stock increases by 30 during day 2 20

The lifetime in hours of a certain kind of radio tube is a : the lifetime in hours of a certain kind of radio tube is a random variable with the probability density function given

What is the probability that the cost of the damaged food : a refrigerated delivery truck has a load of perishable goods worth 10000. if the refrigeration unit is not cold enough

If the company buys x minutes of television advertising and : a company is planning to spend up to 10000 on advertising. it costs 3000 per minute to advertise on television and 1000

What is your median waiting time for birthday : it is your birthday and you are waiting for someone to write you a birthday message on facebook. on average on your

Water has a mass per mole of 180 gmol and each water : water has a mass per mole of 18.0 gmol and each water molecule h2o has 10 electrons. a how many electrons are there in

You are considering buying either bond a or bond b both : you are considering buying either bond a or bond b. both bonds have a 10 year maturity and have a 6 yield to maturity.

Fred is very happy when his jumps are more than 7 meters : at a track and field tournament freds long jumps vary evenly from 6.5 to 7.2 meters. let x be the length of freds long

User Account

All Pages