A Company Manufactures Two Types of Sneakers: Running Shoes and Basketball

question 87

Multiple Choice

A company manufactures two types of sneakers: running shoes and basketball shoes.The total revenue from x₁ units of running shoes and x₂ units of basketball shoes is: ​ ,
​
Where x₁ and x₂ are in thousands of units.Find x₁ and x₂ so as to maximize the revenue.
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Definitions:

Hypothesis

A statement that attempts to predict or to account for a set of phenomena; scientific hypotheses specify relationships among events or variables and are empirically tested.

Axiom

A statement or proposition that is regarded as being established, accepted, or self-evidently true.

Corollary

A proposition that follows from one already proven, often seen as a natural consequence or result.

Theory

A system of ideas intended to explain something, based on general principles independent of the thing to be explained.