Let x be the number of steak dinners and y be the number of chicken dinners sold at a restaurant. Revenue collected for these dinners is modelled by; R(x, y) = 20x + 14y - xy - 2x² - 20 y ² and costs are; C(x, y) = 9x + 3y + 700 Currently, 20 steak and 12 chicken dinners are being sold. Use marginal functions to approximate how much profit will be earned if one more chicken dinner is sold: dollars. Find the number of dinners sold that will maximize profit. steak dinners x= y = chicken dinners.

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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Let x be the number of steak dinners and y be the number of chicken dinners sold at a
restaurant. Revenue collected for these dinners is modelled by;
R(x, y) = 20x + 14y -
and costs are;
C(x, y) = 9x + 3y + 700
Currently, 20 steak and 12 chicken dinners are being sold. Use marginal functions to
approximate how much profit will be earned if one more chicken dinner is sold:
dollars.
Find the number of dinners sold that will maximize profit.
steak dinners
x=
xy - 2x² - 22/10 y ²
y =
chicken dinners.
Transcribed Image Text:Let x be the number of steak dinners and y be the number of chicken dinners sold at a restaurant. Revenue collected for these dinners is modelled by; R(x, y) = 20x + 14y - and costs are; C(x, y) = 9x + 3y + 700 Currently, 20 steak and 12 chicken dinners are being sold. Use marginal functions to approximate how much profit will be earned if one more chicken dinner is sold: dollars. Find the number of dinners sold that will maximize profit. steak dinners x= xy - 2x² - 22/10 y ² y = chicken dinners.
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