The total revenue and implement it on a spreadsheet

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Reference no: EM131287001

The store wishes to establish a pricing policy to maximize revenue from the products. A study of price and sales data shows the following relationships between the quantity sold (N) and prices (P) of each model:

NA = 20 – 0.62PA + 0.30PB

NB = 29 + 0.10PA – 0.60PB

Construct a model for the total revenue and implement it on a spreadsheet.

Reference no: EM131287001

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