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NJ Petroleum Company's Profit is a function of Q1 = heating oil and Q2 = gasoline. = -60 +120*Q1 + 140*Q2 -10*Q1 2 -8*Q2 2
NJ Petroleum Company's Profit is a function of Q1 = heating oil and Q2 = gasoline.
= -60 +120*Q1 + 140*Q2 -10*Q12-8*Q22-.1*Q1*Q2.How much Q2(you do not have to report Q1) will NJ produce if it wishes to maximize profits
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