Your Company Manufactures Two Models of Stereo Speakers, the Ultra

question 99

Multiple Choice

Your company manufactures two models of stereo speakers, the Ultra Mini and the Big Stack. Demand for each depends partly on the price of the other. If one is expensive then more people will buy the other. If p 1 is the price per pair of the Ultra Mini and p 2 is the price of the Big Stack, demand for the Ultra Mini is given by where q 1 represents the number of pairs of Ultra Minis that will be sold in a year. The demand for the Big Stack is given by Find the prices for the Ultra Mini and the Big Stack that will maximize your total revenue. Round your answer to the nearest dollar.

• A)$1379 for Ultra Mini and $1083 for Big Stack
• B)$1083 for Ultra Mini and $1379 for Big Stack
• C)$1236 for Ultra Mini and $1364 for Big Stack
• D)$1364 for Ultra Mini and $1136 for Big Stack
• E)$1136 for Ultra Mini and $1364 for Big Stack

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Definitions:

Executive Subsystem

A component of family systems theory referring to the management and decision-making processes within a family unit.

Social Position

The rank or status of an individual or group within the social hierarchy, defined by factors like wealth, occupation, or education.

Homeostasis

The self-regulating process by which biological systems maintain stability while adjusting to conditions optimal for survival.

Equilibrium

A state of balance or stability within a system, where all forces or influences are equally counteracted by others.