Find weekly revenue function and weekly profit function

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Revenue, cost, and profit functions:-

A company manufactures 10- and 3-speed bicycles. The weekly demand and cost equations are

where $p is the price of a 10-speed bicycle, $q is the price of a 3-speed bicycle, x is the weekly demand for 10-speed bicycles, y is the weekly demand for 3-speed bicycles, and C(x, y) is the cost function.

Find the weekly revenue function R(x, y) and the weekly profit function P(x, y). Evaluate R(10, 15) and P(10, 15).

Reference no: EM131270227

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