Aleesya Travel & Tours' has recently launched a new travel package to Bali, Indonesia. The total cost of producing x packages is described by the function C = 2x - 150x + 5000 and the estimated total revenue is given as R = -3x +200x. Both C and R are measured in hundreds of RM and x is the number of travel packages in hundreds as well. How many packages should be prepared and sold in order to maximize the profit? Select one: a. 3670 b. 2500 c. 3500 d. 4100

Aleesya Travel & Tours' has recently launched a new travel package to Bali, Indonesia. The total cost of producing x packages is described by the function C = 2x - 150x + 5000 and the estimated total revenue is given as R = -3x +200x. Both C and R are measured in hundreds of RM and x is the number of travel packages in hundreds as well. How many packages should be prepared and sold in order to maximize the profit? Select one: a. 3670 b. 2500 c. 3500 d. 4100

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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