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A manufacturer believes that the net profit P is related to the advertising expenditure x (both in thousands of dollars by P(x)=10+46x-1/2x^2. What advertising expenditure will maximize the profit?
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\[(1/2)x ^{2}\] or\[1/2x ^{2}\] which is it?
going with the first dP/dx =-x+46 let =0, then x=46 (thousand dollars)
Okay...sorry, slow pc
P(x)=10+46x-1/2x^2 That is (-1/2x)^2
OK thats what I thought, $46,000
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