Solve the Problem. -The Marketing Research Department of a Large Manufacturing Company Has

question 35

Multiple Choice

Solve the problem.
-The marketing research department of a large manufacturing company has determined that the demand equations for two major items it produces are given by p = 2,000 - 5x + 8y and q = 4,000 + 9x - 7y where p is the
Price of item A, q is the price of item B, x is the monthly demand for item A, and y is the monthly demand for
Item B. Find the total monthly revenue from items A and B when x = 15 and y = 5.

• A) $20,565
• B) $50,195
• C) $49,975
• D) $29,415

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Definitions:

Adam Smith

An 18th-century Scottish economist known as the father of modern economics, renowned for his theories on free markets and the division of labor.

Scientific Management

A theory of management that analyzes and synthesizes workflows to improve economic efficiency and labor productivity.

Training Costs

Expenses associated with the development and delivery of training programs to employees, aiming at enhancing their skills and knowledge for better job performance.

Employee Aptitudes

The natural talents or abilities that individuals possess, which may influence their performance and roles within a workplace.