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Hi, could you please assist. Activity 2 Assume that a firm must decide on an optimal combination of money spend on logistics (L) and on

Hi, could you please assist.

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Activity 2 Assume that a firm must decide on an optimal combination of money spend on logistics (L) and on marketing expenses (M) to maximise total revenue. Assume the following total revenue (TR) function. TR = 4000 -8L +30M + LM - 0.5M2 - 0.4L2 Derive/calculate the following: Task Answer The optimal value of L. The optimal value of M. The optimal sales revenue

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