Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. calculus
  3. a company manufactures 2 models of mp3 players. le

A company manufactures 2 models of MP3 players. Let x represent the number (in millions)...

50.1K

Verified Solution

Question

Calculus

image

A company manufactures 2 models of MP3 players. Let x represent the number (in millions) of the firstmodel made, and let y represent the number (in millions) of the second model made.The company's revenue can be modeled by the equationR(z,y) = 140z + 170y - 2z - 4y - ryFind the marginal revenue equationsR?(z,y) =Ry(x, y) =0 andWe can achieve maximum revenue when both partial derivatives are equal to zero. Set RzRy = 0 and solve as a system of equations to the find the production levels that will maximize revenue.Revenue will be maximized when:X=y==

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

If an observer sees white puffy clouds forming along the horizon and thunderstorms are in...

Finance
1.2K views

Conch Republic Electronics is a mid-sized electronics manufacturer located in Key West, Florida. The company president...

Biology
1.2K views

Indicate which of the following lists the correct order of stages of mitosis a Metaphase...

Physics
1.2K views

3 A thin convex lens made from crown glass has focal length f When it...

Physics
1.2K views

A charge is uniformly distributed in a spherical volume o radius R The electric field...

Geometry
1.2K views

P HW 0000 7 1 Which of the following translations is needed to carry preimage...

Geometry
1.2K views

Factor the expression and use the fundamental identities to simplify Use a graphing utility to...

Calculus
1.2K views

Calculate the iterated integral 2 6x y 2x dy dx

Accounting
1.2K views

Flounder Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts....

Accounting
1.2K views

help please! i'll give thumbs up Daisy Corporation started in 2019. Below...

Accounting
1.2K views

8 uida buric C:6-20 Able Unde Able C:6-13 Compare the general...

Accounting
1.2K views

September 30, 2018 $ 2,700 3,150 16,200 Prepaid Insurance Office Equipment Accumulated Unearned Rent Revenue...