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Question 4. (10) Find the extreme value(s) of z = 2x/ + x1 x2 + 4x7 + X1x3 + X3 +2 Question 5. (10) P1
Question 4. (10) Find the extreme value(s) of z = 2x/ + x1 x2 + 4x7 + X1x3 + X3 +2 Question 5. (10) P1 = 63 -4Q1 50 that R1 = P1 Q1 = 6301 -407 P2 = 105 - 5Q2 R2 = P2 Q2 = 105Q2 - 5Q3 PJ = 75 -6Q3 R3 = P] Q3 = 7503 -60; and that the total-cost function is C = 20 + 15Q + Q2 (@) Find the new marginal-cost function. (b) Find the new equilibrium quantities. (Use fractions.) (c) find the new equilibrium prices. (d) Verify that the second-order sufficient condition is met
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