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) = 110x + 180y + 0.02xy- 0.07x2 -0.04y? C(x,y) 6x +6y + 20,000 Find Py(1100,1800) and Py(1100,1800), and interpret the results.

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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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)= 110x + 180y + 0.02xy – 0.07x2 – 0.04y?
C(x,y) = 6x + 6y + 20,000
Find Px(1100,1800) and Py(1100,1800), and interpret the results.
Transcribed Image Text: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)= 110x + 180y + 0.02xy – 0.07x2 – 0.04y? C(x,y) = 6x + 6y + 20,000 Find Px(1100,1800) and Py(1100,1800), and interpret the results.
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