The best-fitting advertising response function in Example 7.5 f... | Filo
The best-fitting advertising response function in Example 7.5 …
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SOLVED:A model for advertising response is given by the function N(a)=1000 200 lna, a ≥1 where N(a) is the number of units sold when a is the amount spent on advertising, in thousands of dollars. a) How many units were sold after spending 1000 (a=1) on advertising? b) How many units were sold after spending 5000 ? c) Graph the function. d) How much would have to be spent in order to sell 2000 units?
SOLVED:A model for advertising response is given by the function …
1 month ago
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