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0.8/1 points | Previous Answers BerrApCalc7 7.3.021.M A company manufactures two

ID: 1121573 • Letter: 0

Question

0.8/1 points | Previous Answers BerrApCalc7 7.3.021.M A company manufactures two products. The price function for product A is 13-le Croro s r s 26, and for products e.r., thousands of dollars, where x and y are the amounts of products A and B, respectively. If the cost function is My Notes O Ask Your rsih imm ngo C(x, y) 10x + 18y-xy16 thousands of dollr, ind the quantities and the prices of the two prolucts thas maxumae proft product A quantity product A price product B quantity product B price 19 3.5 16 15 units thousand dollars units thousand dollars Find the maximum profit. x thousand dollars Submit Answer Save Progress Practice Another Vension

Explanation / Answer

Profit = Total Revenue - Total Cost

           = [Price of A x Quantity of A + Price of B x Quantity of B] - [10x + 18y - xy + 16]

          = 3.5 x 19 + 15 x 16 - 10 x 19 - 18 x 16 + 19 x 16 - 16

         = 66.5 + 240 - 190 - 288 + 304 - 16 = 116.5 thousand dollars