The owner of a jewelry store has to decide how to allocate a budget of $420,000. He notices that the earnings of the company depend on investment in inventory x₁(in thousands of dollars) and expenditure x₂ on advertising (in thousands of dollars) according to the function How should the owner allocate the $420,000 between inventory and advertising to maximize his earnings?

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The Answer of The owner of a jewelry store has to decide how to allocate a budget of $420,000. He notices that the earnings of the company depend on investment in inventory x₁(in thousands of dollars) and expenditure x₂ on advertising (in thousands of dollars) according to the function How should the owner allocate the $420,000 between inventory and advertising to maximize his earnings?

The Owner of a Jewelry Store Has to Decide How