A company produces x units of commodity a and y units of, Ask an Expert

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A company produces x units of commodity A and y units of commodity B each hour. The company can sell all of its units when commodity A sells for p=90−5x dollars per unit and commodity B sells for q=70−4y dollars per unit. The cost (in dollars) of producing these units is given by the joint-cost function C(x,y)=5xy+3. How much of commodity A and commodity B should be sold in order to maximize profit?

Commodity A:______

Commodity B:_____

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91803299

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