What are moorea and ettas profit-maximizing sales quantity

Reference no: EM13183068

Etta and Moorea run a stand where they sell lemonade and brownies. Their cost function is

$C(Q_{L}Q_{B})= .5Q_{L}+.25Q_{L}^{2}+Q_{B}^{2}-Q_{L}Q_{B}$

they can sell a cup of lemonade for $1.20 and a brownie for $0.95. What are Moorea and Etta's profit-maximizing sales quanttities for each product?

Reference no: EM13183068

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