A record store is deciding on what price to sell its basic used cds and lps for. The profit model is P(x, y) = e8z+11ly-z²–y?–33 dollars per month where a is the price per cd (in dollars) and y is price per lp (in dollars). To maximize profit the store store should charge: dollars per cd, dollars per lp. The maximum profit earned in a month is: dollare

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.CR: Chapter Review
Problem 70E: A company manufactures two fertilizers, x and y. Each 50-pound bag of fertilizer requires three...
icon
Related questions
Question
A record store is deciding on what price to sell its basic used cds and lps for. The profit model is
P(x, y) = e8z+11ly-g²-y?–33
dollars
per
month
where a is the price per cd (in dollars) and y is price per lp (in dollars).
To maximize profit the store store should charge:
dollars per cd,
dollars per lp.
The maximum profit earned in a month is:
dollars.
Transcribed Image Text:A record store is deciding on what price to sell its basic used cds and lps for. The profit model is P(x, y) = e8z+11ly-g²-y?–33 dollars per month where a is the price per cd (in dollars) and y is price per lp (in dollars). To maximize profit the store store should charge: dollars per cd, dollars per lp. The maximum profit earned in a month is: dollars.
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill