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Question: a firm estimates that it will sell n units of...

Question details

A firm estimates that it will sell N units of a product after spending x dollars on advertising, where

N(x) = -x^2 + 50x - 2, 0 ≤ x ≤ 50,

and x is in thousands of dollars. Find the relative extrema of the function. Show work.

A) relative minimum at (25, 1873)

B) relative maximum at (25, 623)

C) relative maximum at (25, 1873)

D) relative minimum at (25, 623)

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