A producer of fixed proportion goods X and Y (Q= Qx = Qy) has marginal costs and
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A producer of fixed proportion goods X and Y (Q= Qx = Qy) has marginal costs and revenues of MC = 10Q, MRx = 200 - 6Qx. MRy = 40 - 4 Qy. The producer should produce how many units?
A Qx=9 , Qy=9
B Qx=9, Qy= 7.5
C Qx = 10, Qy = 10
D Qx = 12, Qy = 12
E Qx = 12, Qy = 10
Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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