A company produces two types of solar panels, A and B, that sell for $6 million and $4 million per thousand units, respectively. The cost of producing x thousand of type A and y thousand of type B is x -3xy + 6y + 5x - 17y-8. Find the values of x and y that maximize the company's profits. [Note: Profit (revenue) -(cost).) The company will achieve a maximum profit by selling solar panels of type A and selling solar panels of type B.
A company produces two types of solar panels, A and B, that sell for $6 million and $4 million per thousand units, respectively. The cost of producing x thousand of type A and y thousand of type B is x -3xy + 6y + 5x - 17y-8. Find the values of x and y that maximize the company's profits. [Note: Profit (revenue) -(cost).) The company will achieve a maximum profit by selling solar panels of type A and selling solar panels of type B.
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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![A company produces two types of solar panels, A and B, that sell for $6 million and $4 million per thousand units, respectively. The cost of producing x thousand of type A and y thousand of type B is x² - 3xy + 6y2 + 5x – 17y - 8. Find the values of x and y that maximize the company's profits. [Note:
(revenue) - (cost).]
Profit =
The company will achieve a maximum profit by selling
solar panels of type A and selling
solar panels of type B.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F06e5b72a-2f26-4603-b5c0-7037b02ca80a%2F0f55d3bb-edf3-49fa-806e-c3f5a4e4add9%2Fqnp510q_processed.png&w=3840&q=75)
Transcribed Image Text:A company produces two types of solar panels, A and B, that sell for $6 million and $4 million per thousand units, respectively. The cost of producing x thousand of type A and y thousand of type B is x² - 3xy + 6y2 + 5x – 17y - 8. Find the values of x and y that maximize the company's profits. [Note:
(revenue) - (cost).]
Profit =
The company will achieve a maximum profit by selling
solar panels of type A and selling
solar panels of type B.
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