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Determine the maximum profit

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Reference no: EM131580259

Question: A producer sells two commodities, x units of one commodity and y units of the other. Suppose the Revenue derived from the sale of these two commodities is given by the equation R(x, y) = 12x2y3 and the cost function is given byC(x, y) = x3y3 + x2y4 + 5000, determine the maximum profit.

Reference no: EM131580259

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