24. Maximizing Profit C&G Imports imports two brands of white wine, one from Germany and the other from Italy. The German wine costs $4/bottle, and the Italian wine costs $3/bottle. It has been estimated that if the German wine sells for p dollars/bottle and the Italian wine sells for for q dollars/bottle, then 2000-150p + 100q bottles of the German wine and 1000+80p-120q bottles of the Italian wine will be sold each week. Determine the unit price for each brand that will allow C&G to realize the largest possible weekly profit.
24. Maximizing Profit C&G Imports imports two brands of white wine, one from Germany and the other from Italy. The German wine costs $4/bottle, and the Italian wine costs $3/bottle. It has been estimated that if the German wine sells for p dollars/bottle and the Italian wine sells for for q dollars/bottle, then 2000-150p + 100q bottles of the German wine and 1000+80p-120q bottles of the Italian wine will be sold each week. Determine the unit price for each brand that will allow C&G to realize the largest possible weekly profit.
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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