Advertising

https://www.desmos.com/calculator/vaxtfi6oyx

We have a concert coming up at the community center and we want to know how much to spend on internet advertising.  The more we advertise, the higher will be our revenue R from ticket sales, but of course, the higher will be our advertising costs C.  What should we do to maximize our profit

On the x-axis is the number of Kspots of advertising we buy (at $50 perKspot) and plotted against this are our cost and revenue.

The problem is to find the value of x that maximizes our profit.

 

Curriculum Expectations

  • A1. Mathematical Processes

  • A2. Making Connections

  • C1. Algebraic Expressions and Equations

  • C3. Application of Relations

  • C4. Characteristics of Relations