firm produces two kinds of golf balls, one that sells for $3 and one priced at $2. The total revenue, in thousands of dollars, from the sale of x thousand balls at $3 each and y thousand at $2 each is given by R(x, y) = 3x + 2y. The company determines that the total cost, in thousands of dollars, of producing x thousands of the $3 ball and y thousands of the $2 ball is given by C(x, y) = 2x 2 − 2xy+ y 2 − 9x + 6y + 7. How many balls of each type must be produced and sold in order to maximize the profit?
firm produces two kinds of golf balls, one that sells for $3 and one priced at $2. The total revenue, in thousands of dollars, from the sale of x thousand balls at $3 each and y thousand at $2 each is given by R(x, y) = 3x + 2y. The company determines that the total cost, in thousands of dollars, of producing x thousands of the $3 ball and y thousands of the $2 ball is given by C(x, y) = 2x 2 − 2xy+ y 2 − 9x + 6y + 7. How many balls of each type must be produced and sold in order to maximize the profit?
Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter2: Matrices
Section2.2: Properties Of Matrrix Operations
Problem 14E: Solve for X in the Equation, given A=-2-1103-4 and B=0320-4-1 a X=3A2B b 2X=2AB c 2X+3A=B d...
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A firm produces two kinds of golf balls, one that sells for $3 and one priced at $2. The total
revenue, in thousands of dollars, from the sale of x thousand balls at $3 each and y thousand at
$2 each is given by R(x, y) = 3x + 2y. The company determines that the total cost, in thousands
of dollars, of producing x thousands of the $3 ball and y thousands of the $2 ball is given by
C(x, y) = 2x
2 − 2xy+ y
2 − 9x + 6y + 7. How many balls of each type must be produced and
sold in order to maximize the profit?
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