![subject](/tpl/images/cats/mat.png)
Mathematics, 01.07.2020 16:01 dargy
The Camera Shop sells two popular models of digital SLR cameras (Camera A Price: 200, Camera B Price: 300). The sales of these products are not independent of each other, but rather if the price of one increase, the sales of the other will increase. In economics, these two camera models are called substitutable products. The store wishes to establish a pricing policy to maximize revenue from these products. A study of price and sales data shows the following relationships between the quantity sold (N) and prices (P) of each model:
NA = 195 - 0.5PA + 0.35PB
NB = 300 + 0.06PA - 0.5PB
Construct a model for the total revenue and implement it on a spreadsheet. Develop two-way data table to estimate the optimal prices for each product in order to maximize the total revenue. Vary each price from $250 to $500 in increments of $10.
Max profit occurs at Camera A price of $.
Max profit occurs at Camera B price of $.
![ansver](/tpl/images/cats/User.png)
Answers: 3
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Another question on Mathematics
![question](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 16:00
Asquare parking lot has 6,400 square meters what is the length in meters
Answers: 1
![question](/tpl/images/cats/mat.png)
Mathematics, 22.06.2019 00:00
Alice is paying her bill at a restaurant. but tax on the cost of a male is 5%. she decides to leave a tip 20% of the cost of the meal plus the tax
Answers: 3
![question](/tpl/images/cats/mat.png)
Mathematics, 22.06.2019 03:00
For a house call, a veterinarian charges $70, plus $40 an hour. a. write an equation that represents the total fee y y (in dollars) the veterinarian charges for a visit lasting x x hours. equation: y= y= no response given b. find the x-intercept. x-intercept:
Answers: 2
![question](/tpl/images/cats/mat.png)
Mathematics, 22.06.2019 05:30
Robert plans to make a box-and-whisker plot of the following set of data. 27, 14, 46, 38, 32, 18, 21 find the lower quartile, the median, and the upper quartile of the set? lower quartile: 19.5; median: 29.5; upper quartile: 42 lower quartile: 14; median: 27; upper quartile: 46 lower quartile: 18; median: 27; upper quartile: 38 lower quartile: 16; median: 29.5; upper quartile: 42
Answers: 1
You know the right answer?
The Camera Shop sells two popular models of digital SLR cameras (Camera A Price: 200, Camera B Price...
Questions
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 02.10.2019 08:50
![question](/tpl/images/cats/health.png)
![question](/tpl/images/cats/ekonomika.png)
Business, 02.10.2019 08:50
![question](/tpl/images/cats/mat.png)
Mathematics, 02.10.2019 08:50
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/en.png)
English, 02.10.2019 08:50
![question](/tpl/images/cats/fizika.png)
![question](/tpl/images/cats/geografiya.png)
![question](/tpl/images/cats/biologiya.png)
Biology, 02.10.2019 08:50
![question](/tpl/images/cats/himiya.png)
Chemistry, 02.10.2019 08:50
![question](/tpl/images/cats/ekonomika.png)
Business, 02.10.2019 08:50
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 02.10.2019 08:50
![question](/tpl/images/cats/biologiya.png)