This topic contains a solution. Click here to go to the answer

Author Question: Solve the problem. Assume that relative maximum and minimum values are absolute maximum and minimum ... (Read 1785 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
Solve the problem.  Assume that relative maximum and minimum values are absolute maximum and minimum values.

A firm produces two kinds of tennis balls, one for recreational players which sells for $2.50 per can, and one for serious players which sells for $4.00 per can. The total revenue from the sale of x thousand cans of the first ball and y thousand cans of the second ball is given by  The company determines that the total cost, in thousands of dollars, of producing x thousand cans of the first ball and y thousand cans of the second ball is given by Find the number of each type of ball which must be produced and sold in order to maximize the profit.
◦ 3000 of the $2.50 cans and 4000 of the $4.00 cans
◦ 5000 of the $2.50 cans and 3000 of the $4.00 cans
◦ 2000 of the $2.50 cans and 5000 of the $4.00 cans
◦ 4000 of the $2.50 cans and 3000 of the $4.00 cans


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Chelseaamend on Jun 16, 2021

chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly




 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

For a complete list of videos, visit our video library