Solve the problem. Assume that relative maximum and minimum values are absolute maximum and minimum values.A company uses TV and magazines for advertising. They know that profit P is related to the amounts T spent on TV and M spent on magazines by the equation P = 24MT - 4M - 3T + 1, where P, M, and T are in hundreds of thousands. Find the maximum profit.
A. $100,000
B. $60,000
C. $120,000
D. $50,000
Answer: D
Mathematics
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