The Sales of a Product S (In Thousands of Dollars)

question 36

Multiple Choice

The sales of a product S (in thousands of dollars) are given by , where x is the advertising expenditure (in thousands of dollars) . Find the rate of change of sales with respect to advertising expenditure. Use the second derivative to find how this rate is changing at . Round your answer to two decimal places. ​

• A)0.89
• B)-0.03
• C)0.00
• D)-0.89
• E)-0.02

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Definitions:

Assets

Economic resources owned or controlled by an individual or a business, which are expected to provide future benefits.

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Distorting Tax

A tax that alters the economic behavior of individuals and businesses from what they would have chosen in the absence of the tax.

Economic Welfare

The overall well-being of individuals and societies, often assessed by factors such as wealth, health, and happiness.