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 a units of burgers and y units of pizzas. Show that if the company's profit is maximizcd when a = a, y = b, then ƏR (a, b) = C and ƏR (a, b) = Cp

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
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1. JACEM makes and sells two competing products, burgers and pizza, that
cost $C, and $C, per unit, respectively, to produce. Let R(r,y) be the
revenue from marketing a 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) = Ch and
ƏR
(a, b) = Cp
dy
Transcribed Image Text:1. JACEM makes and sells two competing products, burgers and pizza, that cost $C, and $C, per unit, respectively, to produce. Let R(r,y) be the revenue from marketing a 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) = Ch and ƏR (a, b) = Cp dy
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