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 as follows. R(x,y)=130x+180y + 0.05xy - 0.08x^2 -0.09y^2 C(x,y)=7x + 5y + 30000. Find Px(1300,1800) Find Px(1300,1800), and interpret the results.

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 as follows. R(x,y)=130x+180y + 0.05xy - 0.08x^2 -0.09y^2 C(x,y)=7x + 5y + 30000. Find Px(1300,1800) Find Px(1300,1800), and interpret the results.

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter3: Functions And Graphs

Section3.2: Graphs Of Equations

Problem 4E

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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 as follows. R(x,y)=130x+180y + 0.05xy - 0.08x^2 -0.09y^2

C(x,y)=7x + 5y + 30000.

Find Px(1300,1800)

Find Px(1300,1800),

and interpret the results.

Expert Solution