Question: 3. A public utility set up two electric generating facilities: Qkilowatts are produced at facility 1 and Q kilowatts are produced at facility 2

3. A public utility set up two electric generating facilities: Qkilowatts are

3. A public utility set up two electric generating facilities: Qkilowatts are produced at facility 1 and Q kilowatts are produced at facility 2 (so Q = Q + Q. The costs of producing electricity at each facility are estimated as CQ = 8000+ 6Q and CQ = 6000 + 30. Determine the profit-maximizing quantities produced at the two facilities, and the price.

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