How many items of each should be produced

Assignment Help Business Management
Reference no: EM132916199

A firm produces two items x1 and x2. The cost of production is 12x1+11x2+4x1x2 for producing x1 and x2. The market price are given by p1=100-2x1 and p2=125-3x2. Find how many items of each should be produced to have the joint profit maximum.

Reference no: EM132916199

Questions Cloud

What is the optimal order quantity for MBC : The cost of holding a gallon of fuel in the storage tanks is $0.04 per month, or $0.48 per year; What is the optimal order quantity for MBC
What should be the price of one share of firm A stock : Coupon payments occur once per year, and the face value of firm A's bonds is $1,000. What should be the price of one share of firm A stock
How an organization gains a competitive advantage : Determine organizational risk and growth opportunities in order to develop a strategic plan. how an organization gains a competitive advantage
How would convert the businessweaknesses into strengths : How would convert the businessweaknesses into strengths. Explain how you would match the business's strengths to its opportunities.
How many items of each should be produced : The market price are given by p1=100-2x1 and p2=125-3x2. Find how many items of each should be produced to have the joint profit maximum.
What the gain on restructuring on December : The unpaid interest on the restructured loan at this time is P750,000. (Round off PV Factor to two decimal places) What the gain on restructuring on December
How company should react if did not do a good job in dealing : You will need to discuss how the company dealt with the problem and whether its actions were effective or not. You can also give recommendations
Chris brown remain out of jail for crimes : "Why do stars like Lindsay Lohan and Chris Brown remain out of jail for crimes others are incarcerated for?"
Discuss policy of mandatory minimum sentencing : Discuss the policy of mandatory minimum sentencing and any intended and unintended consequences of the policy.

Reviews

Write a Review

Business Management Questions & Answers

  Two main considerations in bankruptcy law

Why bankruptcy laws are important for the proper working of the price mechanism? What are the two main considerations in any bankruptcy law?

  Law enforcement professionals and investigators

Law enforcement professionals and investigators use digital forensic methods to solve crimes every day. Locate one current news article

  How would you address the ceo on the fairness

Regardless of the format you select, your final project must answer the following questions: If you were the CEO, how would you justify the ratio? (2 pages OR 6-8 slides) If you were an employee, how would you address the CEO on the fairness and ethi..

  Dimensions for classification of networked e-business

Discuss the main dimensions for classification of networked e-business.

  Comprehensive business governance plan

Consider the following items as a guide when developing your plan. You must, however, create detailed, innovative models that accurately represent the challenge

  Identify the 30 stakeholders for clothing packaging business

Identify the 30 stakeholders for clothing packaging business and also distribute them according to the stakeholders impact matrix that who has high interest

  Discuss how hr can support the employees as required

The Diversity and Inclusion Policy/Plan must have at least 2 targeted groups for specific attention and inclusion in the Action Plan.

  Develop an understanding of domain knowledge

Develop an understanding of domain knowledge about a range of issues relating to electronic commerce and analyse and advise stakeholders about technical requirements for specific business contexts

  Number of identical disk drives

A disk system is to be constructed using some number of identical disk drives each of which can store up to T terabytes of data.  A large database of size 4×T terabytes is to be stored on the disk system. What is the minimum total number of  disks..

  Confidence interval for the proportion of married people

Find a 95 percent confidence interval for the proportion of married people who would remarry their spouse.

  International basis having the monopolistic traits

"A monopoly exists when a market evolves to consist of but a single supplier who has exclusive power to sell a business or provide a service within that market. While additional suppliers may exist alongside a monopoly,

  If the father of american women killed in terrorist attacks

If the father of an American women killed in terrorist attacks in Paris sued twitter facebook YouTube what type of lawsuit is?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd