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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?
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As the owner of a tennis club in a wealty community, you must decide on membership dues and fees for court time. Based on historical data, you understand that there are two types of tennis players in your community. "Serious" players with demand
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