Multiple Choice
A mall kiosk sells two different models of pagers, the Elite and the Diamond. Their monthly profit from pager sales is where x and y are the prices of the Elite and the Diamond respectively, in dollars. At the moment, the Elite sells for $32 and the Diamond sells for $40. Use calculus to estimate the change in monthly profit if the kiosk operator raises the price of the Elite to $33 and lowers the price of the Diamond to $38.
A) Profit will increase by about $26.
B) Profit will decrease by about $310.
C) Profit will increase by about $194.
D) Profit will stay the same.
Correct Answer:
Verified
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