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Suppose that one factory inputs its goods from two different plants, A and B, with different costs, 3 and 7 each respective. And suppose the price function in the market is decided as p(x, y) = 100 - x - y where I and y are the demand functions and 0 < x,y. Then as x = y = the factory can attain the maximum profit,

Suppose that one factory inputs its goods from two different plants, A and B, with different costs, 3 and 7 each respective. And suppose the price function in the market is decided as p(x, y) = 100 - x - y where I and y are the demand functions and 0 < x,y. Then as x = y = the factory can attain the maximum profit,

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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Suppose that one factory inputs its goods from two different plants, A and B, with different costs, 3 and 7 each respective. And suppose the price function in the market is decided as p(x, y) = 100 - x - y where I and y are the demand functions and 0 < x,y. Then as x = y = the factory can attain the maximum profit,
Transcribed Image Text:Suppose that one factory inputs its goods from two different plants, A and B, with different costs, 3 and 7 each respective. And suppose the price function in the market is decided as p(x, y) = 100 - x - y where I and y are the demand functions and 0 < x,y. Then as x = y = the factory can attain the maximum profit,
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