Find P,(1,200, 1,800) and P,(1,200, 1,800), and interpret the results.

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 23EQ: 23. Consider a simple economy with just two industries: farming and manufacturing. Farming consumes...
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85. Profit function. A firm produces two types of calculators
each week, x of type A and y of type B. The weekly revenue
and cost functions (in dollars) are
R(x, y) = – 0.05x² – 0.05y²
80x + 90y + 0.04.xy
C(x, y) = 8x + 6y + 20,000
Transcribed Image Text:85. Profit function. A firm produces two types of calculators each week, x of type A and y of type B. The weekly revenue and cost functions (in dollars) are R(x, y) = – 0.05x² – 0.05y² 80x + 90y + 0.04.xy C(x, y) = 8x + 6y + 20,000
Find P,(1,200, 1,800) and P,(1,200, 1,800), and interpret
the results.
Transcribed Image Text:Find P,(1,200, 1,800) and P,(1,200, 1,800), and interpret the results.
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