Find combination of price and advertising maximizes profit

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Reference no: EM131753770

Question - Assume that the number of units sold of a product is given by 100 - 0.5P + 26√A, where P is the price (in pounds) charged for the product and A is the amount spent on advertising (in thousands of pounds). Each unit of the product costs £5 to produce. Use a data table to find the combination of price and advertising that maximizes profit.

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Reference no: EM131753770

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