4. -12 points LarCAApCalc2 13.5.040 Find p1 and p2, the prices per unit (in dollars), so as to ma...
4. -12 points LarCAApCalc2 13.5.040 Find p1 and p2, the prices per unit (in dollars), so as to maximize the total revenue R=x1P1 + x2P2 where xi and x2 are the numbers of units sold, for a retail outlet that sells two competitive products with the given demand functions. X1-3100-4p1 + 2p2, X2 2400 + 4p1-3p2 p2 = $ Need Help?Read It Talk to a Tutor Watch It 5. -12 points LarCAApCalc2 13.5.042 A corporation manufactures candles at two locations. The cost of producing xi units at location 1 is and the cost of producing x2 units at location 2 is The candles sell for $11 per unit. Find the quantity that should be produced at each location to maximize the profit C1 = 0.02x12 + 5x1 + 500 C2-0.05x22 + 5x2 + 225. p = 11(x1 + x2)-C1-C2. x2 = Need Help?Read It Talk to a Tutor
4. -12 points LarCAApCalc2 13.5.040 Find p1 and p2, the prices per unit (in dollars), so as to maximize the total revenue R=x1P1 + x2P2 where xi and x2 are the numbers of units sold, for a retail outlet that sells two competitive products with the given demand functions. X1-3100-4p1 + 2p2, X2 2400 + 4p1-3p2 p2 = $ Need Help?Read It Talk to a Tutor Watch It 5. -12 points LarCAApCalc2 13.5.042 A corporation manufactures candles at two locations. The cost of producing xi units at location 1 is and the cost of producing x2 units at location 2 is The candles sell for $11 per unit. Find the quantity that should be produced at each location to maximize the profit C1 = 0.02x12 + 5x1 + 500 C2-0.05x22 + 5x2 + 225. p = 11(x1 + x2)-C1-C2. x2 = Need Help?Read It Talk to a Tutor