Gina manages a company that makes toys. Her firm produces an inexpensive doll (Floppsy) and an expensive
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Gina manages a company that makes toys. Her firm produces an inexpensive doll (Floppsy) and an expensive doll (Moppsy) in units of x hundreds and y hundreds, respectively. Gina finds that it is possible to produce the dolls in such a way that
for 0 ≤ x ≤ 8 and that the company receives twice as much for selling a Moppsy doll as for a Floppsy doll.
How many units of each kind of doll (both x and y) should Gina recommend producing to maximize the total revenue?
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Related Book For
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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