A supermarket sells two brands of coffee: brand A at $p per pound and brand B at $q per pound. The daily demand equations for brands A and B are given below, respectively (in pounds). x = 250 – 4p + 3q y = 350 + 2p - 3q Find the daily revenue function R(p,q). Evaluate R(2,1) and R(1,2). ... R(p,q) = R(2,1) = $ (Simplify your answer.) R(1,2) = $ (Simplify your answer.)

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
icon
Related questions
Question

Q7

A supermarket sells two brands of coffee: brand A at $p per pound and brand B at $q per pound. The daily demand equations for
brands A and B are given below, respectively (in pounds).
x = 250 – 4p + 3q
y = 350 + 2p - 3q
Find the daily revenue function R(p,q). Evaluate R(2,1) and R(1,2).
R(p,q) =
R(2,1) = $
(Simplify your answer.)
R(1,2) = $
(Simplify your answer.)
Transcribed Image Text:A supermarket sells two brands of coffee: brand A at $p per pound and brand B at $q per pound. The daily demand equations for brands A and B are given below, respectively (in pounds). x = 250 – 4p + 3q y = 350 + 2p - 3q Find the daily revenue function R(p,q). Evaluate R(2,1) and R(1,2). R(p,q) = R(2,1) = $ (Simplify your answer.) R(1,2) = $ (Simplify your answer.)
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Elementary Linear Algebra (MindTap Course List)
Elementary Linear Algebra (MindTap Course List)
Algebra
ISBN:
9781305658004
Author:
Ron Larson
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage