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Hariri Shuttles (HS) makes two types of shuttles (for looms), type A and type B. The demand for equations for HS shuttles are 100 - 3PA +2Pв and ¶B = 120+ PA-1.5PB 9A where PÅ and pÅ are the prices set by HS for type A and type B shuttles, respectively, and 9A and q are the corresponding weekly demands for these goods. HS's weekly production cost is c = 30A + 40qB + 1000. (a) The prices that HS should set to maximize their weekly profit are p [Select] [Select] and PB = (b) The corresponding weekly demands are q [Select] (c) HS' maximum weekly profit is * = = [Select] [Select] = and 93

Hariri Shuttles (HS) makes two types of shuttles (for looms), type A and type B. The demand for equations for HS shuttles are 100 - 3PA +2Pв and ¶B = 120+ PA-1.5PB 9A where PÅ and pÅ are the prices set by HS for type A and type B shuttles, respectively, and 9A and q are the corresponding weekly demands for these goods. HS's weekly production cost is c = 30A + 40qB + 1000. (a) The prices that HS should set to maximize their weekly profit are p [Select] [Select] and PB = (b) The corresponding weekly demands are q [Select] (c) HS' maximum weekly profit is * = = [Select] [Select] = and 93

Microeconomics: Principles & Policy
Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter18: Pricing The Factors Of Production
Section: Chapter Questions
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Hariri Shuttles (HS) makes two types of shuttles (for looms), type A and type B. The demand for equations for HS shuttles are 9A [Select] = ¶B where PÅ and pÅ are the prices set by HS for type A and type B shuttles, respectively, and 9₁ and q are the corresponding weekly demands for these goods. HS's weekly production cost is c = 30qA+40qB + 1000. (a) The prices that HS should set to maximize their weekly profit are p [Select] [Select] and PB = 100 - 3PA +2PB and 120+ PA 1.5PB (b) The corresponding weekly demands are (c) HS' maximum weekly profit is * = = [Select] [Select] = and B =
Transcribed Image Text:Hariri Shuttles (HS) makes two types of shuttles (for looms), type A and type B. The demand for equations for HS shuttles are 9A [Select] = ¶B where PÅ and pÅ are the prices set by HS for type A and type B shuttles, respectively, and 9₁ and q are the corresponding weekly demands for these goods. HS's weekly production cost is c = 30qA+40qB + 1000. (a) The prices that HS should set to maximize their weekly profit are p [Select] [Select] and PB = 100 - 3PA +2PB and 120+ PA 1.5PB (b) The corresponding weekly demands are (c) HS' maximum weekly profit is * = = [Select] [Select] = and B =
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