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A cloth manufacturer produces two types of cloth, A and B. His profit function is: Profit = 128A -4A2 + 8AB +64B -28 8B2

A cloth manufacturer produces two types of cloth, A and B.

His profit function is: Profit = 128A -4A2 + 8AB +64B -28 – 8B2

What should be the level of output of A and B to maximize profit?

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To maximize profit we need to find the values of A and B that maximize the profit function Profit 12... blur-text-image

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