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Blue bobbleheads for firm to make and sell

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Reference no: EM132042193

A firm produces red and blue bobbleheads. It can sell red bobbleheads for

$20 - Qr /2000 a piece

And blue bobbleheads for

$17 - Qb/2000 a piece

Where Qr = red bobbleheads per week

Qb = ble bobbleheads per week

The total cost of producing Q = Qr + Qb bobbleheads is

4Q + Q^2/4000.

What are the profit maximizing quantities of red and blue bobbleheads for this firm to make and sell?

Reference no: EM132042193

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