\n A monopolist manufactures and sells two competing products, call them I and II, that cost $32 and $23 per unit, respectively, to produce. The revenue from marketing\u00a0x\u00a0units of product I and\u00a0y\u00a0units of product II isR(x,y) = 100x+ 115y\u22120.04xy\u22120.1×2\u22120.2y2. Find the exact values of\u00a0x\u00a0and\u00a0y\u00a0that maximize the monopolist’s profits.\n <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
A monopolist manufactures and sells two competing products, call them I and II, that cost $32 and $23 per unit, respectively, to produce. The revenue from marketing\u00a0x\u00a0units of product I and\u00a0y\u00a0units of product II isR(x,y) = 100x+ 115y\u22120.04xy\u22120.1×2\u22120.2y2. Find the exact values of\u00a0x\u00a0and\u00a0y\u00a0that maximize the monopolist’s profits.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/228588"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=228588"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/228588\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=228588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=228588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=228588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}