A firm produces two types of calculators each week, x of type A and y of type
Question:
A firm produces two types of calculators each week, x of type A and y of type B. The weekly revenue and cost functions (in dollars) are
R(x, y) = 80x + 90y + 0.04xy - 0.05x2 - 0.05y2
C(x, y) = 8x + 6y + 20,000
Find Px (1,200, 1,800) and Py (1,200, 1,800), and interpret the results.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
1 Find Px 1200 1800 X1 1200 X2 1800 Px 1200 1800 8010000 909000 ...View the full answer
Answered By
Aricayos Apple
I'm a highly professional tutor and academic freelancer , with over 5 years of experience. I became one of best tutors in Chegg tutoring community and Course Hero having high helpful rate. I love helping students understand Business courses related, as it is my passion to tutor and and help students understand these amazing subjects as attached in my skills. I am also an expert on the subject of history related subjects since at one point had handled these subjects. I also have a bachelor's degree in bachelors of science in Business Administration from City of Malabon University in Philippines. I am currently working on getting a master's degree in the field Business Administration from City of Malabon University. Meanwhile, you can learn how to solve complex problems consistently with me.
0 Reviews
10+ Question Solved
Related Book For 
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
Question Posted:
