A company’s monthly sales, in thousands, is given by S(x, y) =7x0.8y0.3, where x is the amount
spent on newspaper advertising per month in thousands of dollars and y is the amount spent on
radio advertising per month in thousands of dollars. Suppose the company currently spends $4000
on newspaper advertising per month and $5000 on radio advertising per month. What would be
the effect on sales if the company increases the amount spent on newspaper advertising to $5000,
while the amount spent on radio advertising remains constant?
Sales would increase by $2063.42.
Sales would increase by $6577.87.
Sales would decrease by $657.79.
Sales would increase by $13,410.71.
A farmer has 780 m of fencing. Find the dimensions of the rectangular field of maximum area that
can be enclosed by this amount of fencing.
No relative extrema or saddle points
Relative maximum =202, relative minimum = –40, saddle point =9
2, 11
2
The price–earnings ratio of a stock is given by R(P, E) =P
E, where P is the price per share of a stock,
and E is the earnings per share of the same stock. If the price per share of a given stock is $240, and
the earnings per share of the same stock are $27.65, what is the price–earnings ratio of the stock?
Give decimal notation to the nearest tenth.