A nursery sells mulch by the truckload. Bark mulch sells for $b per load, and pine straw sells for $p per load. The nursery's average weekly profit from the sale of these two types of mulch can be modeled as
P(p, b) = 140p − 3p2 − pb − 2b2 + 130b + 25 dollars.
(a) How much should the nursery charge for each type of mulch to maximize the weekly profit from the sale of mulch? (Round your answers to the nearest cent.)
pine straw | $ |
bark mulch | $ |
(b) Explain how the Determinant Test verifies that the result in
part (a) gives the maximum profit.
Since the determinant of the second partials matrix is ---Select--- greater than less than greater than or equal to less than or equal to equal to 0 and the second partial Ppp is ---Select--- greater than less than greater than or equal to less than or equal to equal to 0, the prices result in a maximum profit.
(c) What is the maximum weekly profit from the sales of these two
types of mulch? (Round your answer to the nearest dollar.)
$
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