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jiahd12346 jiahd12346
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6 years ago
Determine the prices that Sara should charge to maximize profit.
 
  Sara's Sensible Critters makes two kinds of catnip toys: balls (x1) and mice (x2). The relationship between demand and price for balls and mice is:
 
   x1 = 1800 - 150p1
   x2 = 1500 - 300p2
 
  The cost for a catnip ball is 2 and for the mouse, 3.
  Sara has only 200 ounces of catnip on hand. A ball uses a tenth of an ounce and a toy mouse uses one-quarter of an ounce.
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wrote...
#1
6 years ago
Answer: p1 = 7 p2 = 4
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