Jim's Camera shop sells two high-end cameras, the Sky Eagle and Horizon. The demands and selling prices for these two cameras are as follows. Ds demand for the Sky Eagle Ps= selling price of the Sky Eagle DH demand for the Horizon PH selling price of the Horizon Ds = 229 -0.60Ps + 0.35PH DH=270+ 0.10Ps - 0.64PH The store wishes to determine the selling price that maximizes revenue for these two products. Develop the revenue function R (in terms of Ps and PH only) for these two models, and find the revenue maximizing prices (in dollars). (Round your answers places.) Revenue Price for Sky Eagle Price for Horizon Optimal revenue R 270-1.28P +0.45P PS = $ PH=$ R = $ X

Jim's Camera shop sells two high-end cameras, the Sky Eagle and Horizon. The demands and selling prices for these two cameras are as follows. Ds demand for the Sky Eagle Ps= selling price of the Sky Eagle DH demand for the Horizon PH selling price of the Horizon Ds = 229 -0.60Ps + 0.35PH DH=270+ 0.10Ps - 0.64PH The store wishes to determine the selling price that maximizes revenue for these two products. Develop the revenue function R (in terms of Ps and PH only) for these two models, and find the revenue maximizing prices (in dollars). (Round your answers places.) Revenue Price for Sky Eagle Price for Horizon Optimal revenue R 270-1.28P +0.45P PS = $ PH=$ R = $ X

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter4: Systems Of Linear Equations

Section4.3: Solve Mixture Applications With Systems Of Equations

Problem 4.60TI: The manufacturer of a weight training bench spends $120 to build each bench and sells them for $170....

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