Find p1 and p2, the prices per unit (in dollars), so as to maximize the total revenue R = X1P1 + X2P2 where x1 and x2 are the numbers of units sold, for a retail outlet that sells two competitive products with the given de functions. X1 = 4000 – 4p1 + 2p2, x2 = 2400 + 4p1 - 3p2 P1 = $ p2 = $

Find p1 and p2, the prices per unit (in dollars), so as to maximize the total revenue R = X1P1 + X2P2 where x1 and x2 are the numbers of units sold, for a retail outlet that sells two competitive products with the given de functions. X1 = 4000 – 4p1 + 2p2, x2 = 2400 + 4p1 - 3p2 P1 = $ p2 = $

Name: Find p1 and p2, the prices per unit (in dollars), so as to maximize t
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Description: Find p1 and p2, the prices per unit (in dollars), so as to maximize the total revenueR = X1P1 + X2P2where x1 and x2 are the numbers of units sold, for a retail outlet that sells two competitive products with the given demandfunctions.X1 = 4000 – 4p1

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter8: Functions

Section8.CR: Review Problem Set

Problem 50CR

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