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4. A firms profit function for the production of two goods is given by =24 Q 1 - Q 1 2 - Q 1 Q
4. A firms profit function for the production of two goods is given by
=24Q1-Q12-Q1Q2-Q22+33Q2-43
Find the output levels need to maximize profit. Use second-order derivatives to confirm that the stationary point is a maximum.
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