A company manufactures 2 models of MP3 players. Let x

Last updated: 8/12/2022

A company manufactures 2 models of MP3 players. Let x represent the number (in millions) of the first model made, and let y represent the number (in millions) of the second model made. The company's revenue can be modeled by the equation R(z,y) = 140z + 170y - 2z² - 4y² - ry Find the marginal revenue equations R₂(z,y) = Ry(x, y) = 0 and We can achieve maximum revenue when both partial derivatives are equal to zero. Set Rz Ry = 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= =