A retail sales outlet sells two competitive products, the prices of which are p1 and p2. Find p1 and
Question: A retail sales outlet sells two competitive products, the prices of which are p1 and p2. Find p1 and p2 so as to maximize the total revenue (R) where
\[R=515{{p}_{1}}+805{{p}_{2}}-1.5{{p}_{1}}{{p}_{2}}-1.5p_{1}^{2}-p_{2}^{2}\]
Price: $2.99
Answer: The solution consists of 1 page
Type of Deliverable: Word Document
Type of Deliverable: Word Document
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