Suppose that one factory inputs its goods from two different plants, A and B, with different costs, 2 and 9 each respective. And suppose the price function in the market is decided as p(x, y) = 100-z-y where I and y are the demand functions and 0 < x, y ≤ 30. Then as I = 30 the factory can attains the maximum profit, 0 X 20/04/2023 11:26

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question
Q13 Hundred percent efficiency needed
Suppose that one factory inputs its goods from two different plants, A and B, with different costs, 2 and 9
p(x, y) = 100 - 1-y where
each respective. And suppose the price function in the market is decided as
I and y are the demand functions and 0 < x, y < 30. Then as
I = 30
y = 0
the factory can attains the maximum profit, ()
X
20/04/2023 11:26
Transcribed Image Text:Suppose that one factory inputs its goods from two different plants, A and B, with different costs, 2 and 9 p(x, y) = 100 - 1-y where each respective. And suppose the price function in the market is decided as I and y are the demand functions and 0 < x, y < 30. Then as I = 30 y = 0 the factory can attains the maximum profit, () X 20/04/2023 11:26
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,