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Determine the amount of money the agency should spend

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Reference no: EM131637813

Question: MAXIMIZING REVENUE Odyssey Travel Agency's monthly revenue depends on the amount of money x (in thousands of dollars) spent on advertising per month and the number of agents y in its employ in accordance with the rule

R(x, y) = -x2 - 0.5y2 + xy + 8x + 3y + 20

Determine the amount of money the agency should spend per month and the number of agents it should employ in order to maximize its monthly revenue.

Reference no: EM131637813

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