Find R,(10, 5) and P,(10, 5) and interpret these values.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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A store sells two types of computer sleeves, A and B.
The weekly demand and cost functions are
Туре А: р — 250 + 4х
Туре B: q 3
Cost Function: C(x, y) = 40x + 80y + 1500
12y
330 – 5x + 2y
-
where p pesos is the price of Type A, and q pesos is the price of Type B,
x is the weekly demand for Type A, and y is the weekly demand for Type B.
Find R(10, 5) and P,(10, 5) and interpret these values.
Transcribed Image Text:A store sells two types of computer sleeves, A and B. The weekly demand and cost functions are Туре А: р — 250 + 4х Туре B: q 3 Cost Function: C(x, y) = 40x + 80y + 1500 12y 330 – 5x + 2y - where p pesos is the price of Type A, and q pesos is the price of Type B, x is the weekly demand for Type A, and y is the weekly demand for Type B. Find R(10, 5) and P,(10, 5) and interpret these values.
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