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Advertising point of diminishing returns. A company estimates that it will sell units of a product after spending $x thousand on advertising, as given by

N(x) = -0.25x4 + 11x3 - 108x2 + 3,000

9<=x<=24

When is the rate of change of sales increasing and when is it decreasing? What is the point of diminishing returns and the maximum rate of change of sales? Graph N and on the same coordinate system.

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M92023823

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