DETAILS sea MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Profit Functions The monthly profit (in dollars) of Bond and Barker Department Store depends on the level of inventory x (in thousands of dollars) and the floor space y (in thousands of square feet) available for display of the merchandise, as given by the equation. P(x, y) = -0.02x2- 16y2+ xy + 34x + 33y - 20,000 Compute ap -and ap ax - when x = 4000 and y = 150. ay ap (4000, 150) = ax ap av (4000, 150) = Interpret your results. ap per thousand dollars increase in inventory. With the same inventory and floor space as above, (4000, 150) tells us that ax (4000, 150) tells us that monthly profit Increases by $ ay monthly profit decreases by $ per thousand-square-foot increase in floor space. Compute ap and ap - when x = 5000 and y = 150. ax ay P (5000, 150) = ax ap ay (5000, 150) = Interpret your results. ap per thousand dollars Increase in Inventory. With the same inventory and floor space as above, (5000, 150) tells us that (5000, 150) tells us that monthly profit decreases by $ monthly profit increases by $ per thousand-square-foot Increase in floor space. Need Help? Read It Watch It