JACEM makes and sells two competing products, burgers and pizza, that cost $C, and $C, per unit, respectively, to produce. Let R(x, y) be the revenue from marketing r units of burgers and y units of pizzas. Show that if the company's profit is maximized when r = a, y= b, then ƏR (a, b) = C, and ƏR (a, b) = C, %3D
JACEM makes and sells two competing products, burgers and pizza, that cost $C, and $C, per unit, respectively, to produce. Let R(x, y) be the revenue from marketing r units of burgers and y units of pizzas. Show that if the company's profit is maximized when r = a, y= b, then ƏR (a, b) = C, and ƏR (a, b) = C, %3D
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Systems Of Equations
Section11.CT: Test
Problem 24CT
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