Problem 88 Revenue and profit functions A company

Last updated: 7/28/2023

Problem 88 Revenue and profit functions A company manufactures 10 and 3 speed bicycles The weekly demand and cost functions are p 230 9x y q 130 x 4y C x y 200 80x 30y where p is the price of a 10 speed bicycle q is the price of a 3 speed bicycle x is the weekly demand for 10 speed bicycles y is the weekly demand for 3 speed bicycles and C x y is the cost function Find R 10 5 and Pr 10 5 and interpret the results in words