Verify that the solution is indeed a local maximum

Reference no: EM13337843

A company produces two products whose production levels are represented by x and y. As a function of these two variables profit is given by:

P(x,y) = 900x - 30x2 + 30xy - 100y - 10y2 + 2,000

a) What values of x and y maximize the profit?

b) What is the maximum value of the profit?

c) Verify that the solution is indeed a local maximum.

Reference no: EM13337843

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