Author Question: Solve the problem. Assume that relative maximum and minimum values are absolute maximum and minimum ... (Read 195 times)

aabwk4 · **on:** Jun 16, 2021

Solve the problem. Assume that relative maximum and minimum values are absolute maximum and minimum values.

A company that manufactures tennis rackets has determined that the demand functions for the two types of rackets they produce are given by

and

where q₁ is the price of the standard tennis racket, q₂ is the price of the competition tennis racket, x is the weekly demand for standard rackets, and y is the weekly demand for competition rackets. How many of each type of racket must be produced to maximize revenue?
◦ 26 standard rackets and 26 competitive rackets
◦ 25 standard rackets and 26 competitive rackets
◦ 25 standard rackets and 25 competitive rackets
◦ 26 standard rackets and 25 competitive rackets

jliusyl · **Reply #1 on:** Jun 16, 2021

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