Marcy owns a photography business in mobile, alabama. the market for photography is very competitive. at marcy’s current production level, her marginal cost is $15 and her marginal revenue is $12. in order to maximize profits, marcy should a. decrease the price. c. decrease production. b. keep production the same. d. increase production

Acompany manufactures x units of product a and y units of product b, on two machines, i and ii. it has been determined that the company will realize a profit of $3 on each unit of product a and $4 on each unit of product b. to manufacture a unit of product a requires 7 min on machine i and 5 min on machine ii. to manufacture a unit of product b requires 8 min on mchine i and 5 min on machine ii. there are 175 min available on machine i and 125 min available on machine ii in each work shift. how many units of a product should be produced in each shift to maximize the company's profit p?