Question: Need help solving yellow hightligthed part. Problem 1 4 - 0 5 Algo ( A Production Application: Par, Inc. Revisited ) Jim's Camera shop sells
Need help solving yellow hightligthed part. Problem Algo A Production Application: Par, Inc. Revisited
Jim's Camera shop sells two highend cameras, the Sky Eagle and Horizon. The demand for these two cameras are as follows demand for the Sky Eagle, is the selling price of the Sky Eagle, Dprices thintermediate calculations. If required, rou
Total Revenue Jim's Camera shop sells two highend cameras, the Sky Eagle and Horizon. The demand for these two cameras are as follows demand for the Sky Eagle, is the
selling price of the Sky Eagle, is the demand for the Horizon and is the selling price of the Horizon:
The store wishes to determine the selling price that maximizes revenue for these two products. Select the revenue function for these two models. Choose the correct
answer below.
i
ii
iii
iv
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 : $
Selling price of the Horizon : $
Total Revenue:
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