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1. Party supply store A rents tables for $10 per day and chairs for $1.50 per...

1. Party supply store A rents tables for $10 per day and chairs for $1.50 per day. Party supply store B rents tables for $9 per day and chairs for $1.25 per day, plus a $36 delivery charge. After how many days is it more expensive to rent 3 tables and 24 chairs from store A?

2. The demand function for an electronics company's line of gaming laptops is p = f(q) = 5,000 - 10q, where p is the price (in dollars) per laptop when q laptops are demanded (per week) by consumers. Find (a) the level of production that will maximize the electronics company's total weekly revenue, (b) the maximum revenue at this level of production, and (c) the price per laptop at this level of production.

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milcah answered 2 years ago
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