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A company sells two styles of jeans in quantities and
at prices
and
respectively, with
and
in dollars. The quantities demanded depend on both
and
according to the formulas
and
.
Write a formula for total sales revenue as a function of and
, and use it to determine what prices the company should charge to maximize sales revenue. They should charge $_____ for style
and $_____ for style
.
Verbal Coding
An approach in cognitive psychology that refers to the use of words to encode information in the memory.
Short-Term Memory
The component of memory where small amounts of information can be stored for a short period of time.
Sensory Registers
Memory systems that temporarily hold incoming sensory information from the environment, allowing it to be processed further.
Acoustically
Pertaining to the properties of sound or the science of sound, including its production, transmission, and effects.
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