63 088
Assignments Done
99,1%
Successfully Done
In July 2018

Answer to Question #36830 in Macroeconomics for sylvan

Question #36830
Task
a profit maximizing firm faces the following constrained maximization problem:p(x,y)=80x-2x^2-xy-3y^2+100y
subject to: x+y=12
Determine profit maximizing output level of commodities x and y subject to the conditions that output equals 12
Detailed explanation: YES
Expert's answer

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions