Find the optimal prices to maximize revenue

Reference no: EM133630996

Question: Coastal Telephone Company: A regional supplier of long-distance telephone services Daytime price (DP) applies from 8am - 6pm; Evening price (EP) applies the rest Average demand for phone lines (per min): Daytime Dem'd = 600 - 5,000×DP + 300×EP Evening Dem'd = 400 + 600×DP - 2,500×EP Find the optimal prices to maximize revenue

Reference no: EM133630996

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