# [Solved] Suppose that in addition to repairing your car, you can also spend money advertising. The benefit of H hours of repair work is B R ( H ) = 220

in this post you eill get answer of Suppose that in addition to repairing your car, you can also spend money advertising. The benefit of H hours of repair work is B R ( H ) = 220 by insureinsurancelife

Suppose that in addition to repairing your car, you can also spend money advertising. The benefit of H hours of repair work is B R ( H ) = 220 H – H 2 , while the benefit of D dollars of advertising is B A ( D ) = 2 D. The marginal benefit of repair work is MB R ( H ) = 220 2 H , while the marginal benefit of advertising is MB A ( D ) = 2. Repair work costs \$100 per hour and you have a total of \$1,500 to allocate between repair work and advertising.
a. Write down your constrained optimization problem.
b. What is your best choice of repair hours and advertising Interpret the condition that characterizes your best choice in terms of the marginal benefits and marginal opportunity costs of repair work.

Thank you for coming, Let us know what else we should do to make our content interesting and don’t forget to check the comment section because sometimes our users drop some interesting questions or riddles below and you can enjoy solving them. In the end it benefits the whole community.