In an online Jeweler's store, two types of bracelets are sold; silver plated and gold plated bracelets. 13. The yearly profit from selling these bracelets is given by P(x, y) = -4x + 12y – x2 + 2xy – 2y2 – 5 where x is the number of silver plated (in thousands), y is the number of gold plated bracelets (in thousands), and profit is in thousands of dollars. • How many of each kind of bracelet should the store sell per year to maximize their profit? • Use calculus to show that the critical point in this problem is a relative maximur

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter8: Polynomials
Section8.1: Adding And Subtracting Polynomials
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In an online Jeweler's store, two types of bracelets are sold; silver plated
and gold plated bracelets.
13.
The yearly profit from selling these bracelets is given by
P(x, y) = -4x + 12y – x² + 2xy – 2y2 – 5
where x is the number of silver plated (in thousands), y is the number
of gold plated bracelets (in thousands), and profit is in thousands of
dollars.
• How many of each kind of bracelet should the store sell per year to
maximize their profit?
• Use calculus to show that the critical point in this problem is a
relative maximun
Transcribed Image Text:In an online Jeweler's store, two types of bracelets are sold; silver plated and gold plated bracelets. 13. The yearly profit from selling these bracelets is given by P(x, y) = -4x + 12y – x² + 2xy – 2y2 – 5 where x is the number of silver plated (in thousands), y is the number of gold plated bracelets (in thousands), and profit is in thousands of dollars. • How many of each kind of bracelet should the store sell per year to maximize their profit? • Use calculus to show that the critical point in this problem is a relative maximun
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