Q 5. A televisions manufacturer produces three types of TVs A, B and C, which he sells in two markets. Annual sales volumes are indicated as follows: Product A C Markets 1 4000 3000 2000 1000 2 3000 2000 If unit sale prices of A, B and C are $2.50, $2.00 and $1.50 respectively, find the total revenue in both markets with the help of matrix algebra. If the unit costs of the above three TVs are $2.00, $1.50 and $1.00, find the gross i) ii) profit.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Q 5. A televisions manufacturer produces three types of TVSA, B and C, which he sells in two
markets. Annual sales volumes are indicated as follows:
Product
A
Markets 1
4000
3000
3000
2000
1000
2000
If unit sale prices of A, B and C are $2.50, $2.00 and $1.50 respectively, find the
total revenue in both markets with the help of matrix algebra.
If the unit costs of the above three TVs are $2.00, $1.50 and $1.00, find the
profit.
i)
ii)
gross
Transcribed Image Text:Q 5. A televisions manufacturer produces three types of TVSA, B and C, which he sells in two markets. Annual sales volumes are indicated as follows: Product A Markets 1 4000 3000 3000 2000 1000 2000 If unit sale prices of A, B and C are $2.50, $2.00 and $1.50 respectively, find the total revenue in both markets with the help of matrix algebra. If the unit costs of the above three TVs are $2.00, $1.50 and $1.00, find the profit. i) ii) gross
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