Question:
A one-product company finds that its profit, P, in millions
Last updated: 7/17/2022
A one-product company finds that its profit, P, in millions of dollars, is given by the following equation where a is the amount spent on advertising, in millions of dollars, and p is the price charged per item of the product, in dollars. P(a.p) = 4ap+120p-20p²-(1/10)a²p-120 Find the maximum value of P and the values of a and p at which it is attained. The maximum value of P is attained when a is $ million and p is $ The maximum value of P is $ million.