Question
The total weekly revenue (in dollars) that a company obtains from selling goods x and y is: R = -(1/4)x2 - (3/8)y2 -(1/4)xy +300x +
The total weekly revenue (in dollars) that a company obtains from selling goods x and y is:
R = -(1/4)x2 - (3/8)y2 -(1/4)xy +300x + 240y
and weekly cost of production is: C = 180x + 140y + 5000. Find x and y that maximize profit.
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The Economics of Public Issues
Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North
19th edition
134018974, 134018973, 9780134020532 , 978-0134018973
