The Total Daily Revenue (In Dollars) That Weston Publishing Realizes

question 194

Multiple Choice

The total daily revenue (in dollars) that Weston Publishing realizes in publishing and selling its English-language dictionaries is given by where x denotes the number of deluxe copies and y denotes the number of standard copies published and sold daily. The total daily cost of publishing these dictionaries is given by dollars. Determine how many deluxe copies and how many standard copies Weston should publish each day to maximize its profits. Please round the answers to the nearest integer.What is the maximum profit realizable? Please round the answer to the nearest dollar.

• A) 1,014 deluxe copies, 1,586 standard copies; $17,885
• B) 1,137 deluxe copies, 1,586 standard copies; $15,529
• C) 1,137 deluxe copies, 1,586 standard copies; $13,298
• D) 1,137 deluxe copies, 1,831 standard copies; $13,298
• E) 1,014 deluxe copies, 1,831 standard copies; $17,885

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Definitions:

Assimilation

A cognitive process in developmental psychology where individuals integrate new information into existing schemas or frameworks.

Equilibration

A mechanism that Piaget proposed to explain how children shift from one stage of thought to the next. The shift occurs as children experience cognitive conflict, or disequilibrium, in trying to understand the world. Eventually, they resolve the conflict and reach a balance, or equilibrium, of thought.

Cognitive Observations

The process of monitoring and analyzing thought processes, including memory, perception, and problem-solving.

University Laboratory

A dedicated space within a university where experimental research, teaching, or learning in a specific field of study is conducted.