A manufacturer of television sets makes two models, the Deluxe and the Standard. The manager estimates that

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A manufacturer of television sets makes two models, the Deluxe and the Standard. The manager estimates that when x hundred Deluxe sets and y hundred Standard sets are produced each year, the annual profit will be P(x, y) thousand dollars, where


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The company can produce exactly 30,000 sets each year. How many Deluxe and how many Standard sets should be produced each year to maximize annual profit?

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Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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