Business
Business, 22.07.2021 18:50, brennarfa

A producer of fixed proportion goods X and Y (Q = Qx = Qy) has marginal costs and revenues of MC = 10 Q, MRX = 150 - 6 QX, MRy = 30 - 4 Qy. The producer should produce how many units? a. Qx =9, Qy=9
b. Qx = 9, Qy = 7.5
c. Qx = 10, Qy = 10
d. Qx = 9, Qy=0

answer
Answers: 1

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A producer of fixed proportion goods X and Y (Q = Qx = Qy) has marginal costs and revenues of MC = 1...

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