On the Basis of Past Experience, a Company Has Determined

question 76

Multiple Choice

On the basis of past experience, a company has determined that its sales revenue (in dollars) is related to its advertising according to the formula , where x is the amount spent on radio advertising and y is the amount spent on television advertising. If the company plans to spend $30,000 on these two means of advertising, how much should it spend on each method to maximize its sales revenue? ​

• A)$8,401.47 on radio; $21,598.53 on television
• B)$10,801.89 on radio; $19,198.11 on television
• C)$12,002.10 on radio; $17,997.90 on television
• D)$14,402.52 on radio; $15,597.48 on television
• E)$15,602.73 on radio; $14,397.27 on television

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Definitions:

Ambitious Goal

A challenging objective that requires significant effort and determination to achieve, often aiming for high achievement.

Achievement Motivation

An individual's drive to excel or achieve success in tasks, reflecting a desire for significant accomplishment, mastery of skills, or control over standards of excellence.

Intrinsic Motivation

Motivation that is driven by an interest or enjoyment in the task itself, rather than relying on external pressures or rewards.

Extrinsic Motivation

Motivation driven by external rewards such as money, fame, grades, or praise, rather than by intrinsic rewards related to the activity itself.