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2.SUPPOSE A COMPANY IS PRODUCING AND SELLING ITS PRODUCTS AT A PRICE 20. TOTAL COSTS ARE DEFINED AS: TOTAL COSTS = 100 0 + 20

2.SUPPOSE A COMPANY IS PRODUCING AND SELLING ITS PRODUCTS AT A PRICE 20. TOTAL COSTS ARE DEFINED AS: TOTAL COSTS = 100 0 + 20 ^ 2 A. FIND THE AMOUNT HE SHOULD PRODUCE (Q)TO MAXIMIZE ITS PROFITS. B. FIND THE AMOUNT HE SHOULD PRODUCE WITH A CONDITION THAT HE CAN NOT PRODUCE MORE THAN 2 UNITS. image text in transcribed
2.SUPPOSE A COMPANY IS PRODUCING AND SELLING ITS PRODUCTS AT A PRICE 20. TOTAL COSTS ARE DEFINED AS: TOTAL COSTS=100+20 A. FIND THE AMOUNT HE SHOULD PRODUCE (Q)TO MAXIMIZE ITS PROFITS. B. FIND THE AMOUNT HE SHOULD PRODUCE WITH A CONDITION THAT HE CAN NOT PRODUCE MORE THAN 2 UNITS

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