kcmosele New Recruit 2 Posts user info edit post |
A producer hopes to sell x units at a price of (91 - 0.1x) per unit to country A; hence, [revenue from country A] = (91 - 0.1x)x
A producer hopes to sell y units at a price of (89 - 0.05y) per unit to country B; hence, [revenue from country B] = (89 - 0.05y)y
Consider the two market problem where the cost is C(x, y) = 25,000 + 6x + 5y
part a) Find the profit function. Simplify as much as possible.
P(x,y)= **its an equation**
part b) Find maximum profit P$=
part c) Find the maximum profit when the cost per item in country B changes from $5 to $7 per item. Again, you may use Excel or Maple.
P=$ 4/14/2014 1:55:20 PM |