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Problem Set 2 1. (Extra Credit) A firm produces red and blue bobbleheads. It can sell red bobbleheads for $20 - Q,/2000 a piece And

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Problem Set 2 1. (Extra Credit) A firm produces red and blue bobbleheads. It can sell red bobbleheads for $20 - Q,/2000 a piece And blue bobbleheads for $17 - Qb/2000 a piece Where Or = red bobbleheads per week Qb = ble bobbleheads per week The total cost of producing Q = Or + Qb bobbleheads is 40+ Q /4000. What are the profit maximizing quantities of red and blue bobbleheads for this firm to make and sell

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