Business
Business, 29.10.2019 22:31, arodriguez395

Afactory produces product a according to the production function qa = 100xa, where xa denotes the amount of input and qa is the quantity produced. it also produces product b according to the production function qb = 200xb - xb2, where xb denotes the amount of input and qb is the quantity produced. the total available amount of input x is 100 units. the firm’s profit-maximizing allocation of input x is: group of answer choices xa = 60 and xb = 40. xa = 50 and xb = 50. xa = 0 and xb = 100. xa = 100 and xb = 0. xa = 30 and xb = 70.

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Afactory produces product a according to the production function qa = 100xa, where xa denotes the am...

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