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:

Asset Revaluation

The upward or downward adjustment of the book value of an asset to properly reflect its current market value.

Profits

The financial gain obtained when revenues generated from business activities exceed the expenses and costs associated with those activities.

Investor

An individual or entity that commits capital with the expectation of receiving financial returns, often through the purchase of stocks, bonds, or other investment vehicles.

Deferred Tax Liability

A tax obligation that a company owes but has not yet paid, arising from temporary differences between accounting and tax treatments of income and expenses.