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A two-product firm faces the following demand and cost functions: Q1 = 40- 2P1 - P2 Q2 = 35 - P1 - P2 C =

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A two-product firm faces the following demand and cost functions: Q1 = 40- 2P1 - P2 Q2 = 35 - P1 - P2 C = Q1 + 205 +10 (@) Find the output levels that satisfy the first-order condition for maximum profit. (Use fractions.) (b) Check the second-order sufficient condition. Can you conclude that this problem possesses a unique absolute maximum? (c) What is the maximal profit

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