2252067108 entld 557305649105923845740255338el5EN 9781305861 ork Problems Victor

Question

2252067108 entld 557305649105923845740255338el5EN 9781305861 ork Problems Victor Johnson 9 PM EDT nt: CH 10 Homework Problems Preblem 10-15 Check My Work eBook Problem 10-15 The Camera Shop sells two popular models of digital SL.R cameras (Camera A Price: 200, Camera A Price: 3 increase, the sales of the other will Increase. In economics, these two camera models are called subsceutable products. A study of price and sales 00). The sales of these products are not independent of each other, but rather products. The store wishes to establish a pricing poicy to maximize revenue from these data shows the following relationships between the quantity sold (N) and prices (P) of each model: NA-195-0.5PA 0.35Ps Construct a model for the total revenue and price from $250 to $500 in increments of $10. t implement it on a spreadsheet. Develop two-way data table to estimate the optimal prices for each product in order to maximize the total revenue. Vary each Max profit occurs at Camera A price of(-2700 11 Max profit occurs at Camera B price of t-2700 Hide Feedback Incorrect Check My Work Problem 10-15 (Algorithadc)

Explanation / Answer

from abvoe given model:

max profit occrs at Camera A price of $ 380

max profit occrs at Camera B price of $ 460

please revert for above and spreadsheet model. I will edit it accordingly

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