User Account

All Pages

Find the optimal daily production levelhttp://www.transtutor

Assignment Help Mathematics
Reference no: EM131567267

Question: (a) A firm produces two different kinds A and B of a commodity. The daily cost of producing Q1 units of A and Q2 units of B is C(Q1 , Q2) = 0.1(Q12 + Q1Q2 + Q22) Suppose that the firm sells all its output at a price per unit of P1 = 120 for A and P2 = 90 for B. Find the daily production levels that maximize profits.

(b) If P2 remains unchanged at 90, what new price (P1) per unit of A would imply that the optimal daily production level for A is 400 units?

Reference no: EM131567267

Questions Cloud

Duration approximate percentage change in price of bond : If the yield decreases by 15 basis points, what is the duration approximate percentage change in the price of the bond?
Socially beneficial way and ensure progress : "Free markets allocate economic goods in the most socially beneficial way and ensure progress."To what extent is this statement true?
How much was actually spent on labor for the week : Calculate the time variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number
What do you think about assisted suicide : What do you think about assisted suicide. Do you think it should be legal. If you do think it should be legal under what circumstances
Find the optimal daily production levelhttp://www.transtutor : A firm produces two different kinds A and B of a commodity. The daily cost of producing Q1 units of A and Q2 units of B.
Calculate the differential net income : Calculate the differential net income and make a statement explaining why the company should lease or sell
What was his overtime premium pay for this workweek : Question - Carmen Gaetano worked 46 hours during this payweek. What was his overtime premium pay for this workweek
Assigned to analyze the project plan of payroll system : You have been assigned to analyze the project plan of a payroll system that is behind schedule and over budget.
Practice lead to superior investment returns-credit ratings : How might that leadership characteristic or practice lead to superior investment returns and credit ratings?

Reviews

Write a Review

Mathematics Questions & Answers

  Questions on ferris wheel

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Logistic map

This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.

  Finding the probability of cards

This assignment has questions related to probabiltiy.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Derive the boolean expression

Derive the Boolean Expression and construct the switching circuit for the truth table stated

  System of equations

Evaluate which equations are under-identified, just-identified, and over-identified.

  Linear programming problem

Linear programming problem consisting of only two constraints with one objective function.

  Find the natural domain

Find the natural domain of the given functions.

  Introduction to numerical methods

Compute the coecients of the polynomials using the term recurrence relation.

  Chart of the topological manifold

De?nition of smoothness of functions on a smooth manifold is chart independent and hence geometric.

  Mathematics in computing

Questions related on mathematics in computing.

  Complex problems

Complex problems

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd