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Songor Salt Manufacturing Ltd produces two brands of salt identified as Medium size ( product 1 ) and Large size ( product 2 ) for
Songor Salt Manufacturing
Ltd produces two brands of salt identified as Medium size product and Large size product for the Ghanaian market.
The jointcost
function
is
Cq where c c is the total cost of producing q units of and q units of
The demand functions for these products are given by Pq and Pq where PI and P are the prices of and respectively. Find the number of units of medium size product that Songor should produce to maximize its
profit
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