Asked by Caiden
A firm produces red and blue bobbleheads. It can sell red bobbleheads for
$20 - Q_r/2000 a piece
And blue bobbleheads for
$17 - Q_b/2000 a piece
Where Q_r = red bobbleheads per week
Q_b = ble bobbleheads per week
The total cost of producing Q = Q_r + Q_b bobbleheads is
4Q + Q^2/4000.
What are the profit maximizing quantities of red and blue bobbleheads for this firm to make and sell?
$20 - Q_r/2000 a piece
And blue bobbleheads for
$17 - Q_b/2000 a piece
Where Q_r = red bobbleheads per week
Q_b = ble bobbleheads per week
The total cost of producing Q = Q_r + Q_b bobbleheads is
4Q + Q^2/4000.
What are the profit maximizing quantities of red and blue bobbleheads for this firm to make and sell?
Answers
Answered by
ECOstressed
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