2) A firm produces two goods 𝑥 and 𝑦. Its revenue and cost functions are given as

𝑅 = 15𝑥 + 9𝑦 and 𝐶 = 0.04𝑥

2 + 0.01𝑥𝑦 + 0.01𝑦

2 + 4𝑥 + 2𝑦 + 500

Optimize the profit function of the firm

asked by guest
on Nov 18, 2024 at 5:21 am



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