Jim's Camera shop sells two high-end cameras, the Sky Eagle and Horizon. The demand for these two cameras are as follows (D_S = demand for the Sky Eagle, P_s is the selling price of the Sky Eagle, D_H is the demand for the Horizon and P_H is the selling price of the Horizon):

D_s = 222 - 0.6 P_s + 0.35 P_H

D_H = 270 + 0.1 P_s - 0.64 P_H

(iii)

Ps Ds + PH DH = Ps(222 - 0.6 Ps + 0.35 PH) + PH(270 + 0.1 Ps - 0.64 PH)

Find the prices that maximize revenue.

Do not round intermediate calculations. If required, round your answers to two decimal places.

Optimal Solution:

Selling price of the Sky Eagle (P_s): $ _

Selling price of the Horizon (P_H): $ _

Total Revenue: $ _