A company manufactures a smartphones which sell for $r and y portable speakers which sell for $s. The weekly demand and cost equations are as follows: r=-3x+3y +327 S = x - y+ 429 C(x, y) = 120 x + 130 y + 320 At a production level of 27 smartphones and 64 portable speakers, what is the marginal profit associated with selling smartphones? O a) $279 per smartphone O b) $501 per smartphone O c) $301 per smartphone Od) $69 per smartphone

A company manufactures a smartphones which sell for $r and y portable speakers which sell for $s. The weekly demand and cost equations are as follows: r=-3x+3y +327 S = x - y+ 429 C(x, y) = 120 x + 130 y + 320 At a production level of 27 smartphones and 64 portable speakers, what is the marginal profit associated with selling smartphones? O a) $279 per smartphone O b) $501 per smartphone O c) $301 per smartphone Od) $69 per smartphone

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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