Homework Help

the telephone company is planning to introduce two new types of executive communication...

user profile pic

maheen100 | Student, Undergraduate | (Level 1) Honors

Posted March 26, 2013 at 12:00 AM via web

dislike 0 like

the telephone company is planning to introduce two new types of executive communication systems that it hopes to sell to its largest commercial customers. is it estimated that if the first type of systems is priced at x hundred dollars per system, apprximately 42-6x+7y consumers will buy the first type and 66+4x-7y will buy the second type. if the cost of manufacturing the first type is 2000 per system and the cost of manufacturing the second type is 2000 per sysemt, how should the telephone company price the systems to generate the largest possible profit? round your answer to the nearest cent. The company should sell the first system for ________ dollars and the second system for _______ dollars to maximize profit.

 

0 Answers | Be the first to answer

Join to answer this question

Join a community of thousands of dedicated teachers and students.

Join eNotes