A firm produces two products (A and B) jointly. Every time a unit of A is produced, a unit of B is also produced as a byproduct. The demand functions for A and B are:The marginal cost of producing a unit of joint output is: $$Q _ { A } = 300 - 4 P _ { A } \quad Q _ { B } = 150 - 2 P _ { B }$$ Assuming that disposal is costless, determine how many units the firm should produce to maximize profits? $$M C = 100 + Q$$

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The Answer of A firm produces two products (A and B) jointly. Every time a unit of A is produced, a unit of B is also produced as a byproduct. The demand functions for A and B are:The marginal cost of producing a unit of joint output is: $$Q _ { A } = 300 - 4 P _ { A } \quad Q _ { B } = 150 - 2 P _ { B }$$ Assuming that disposal is costless, determine how many units the firm should produce to maximize profits? $$M C = 100 + Q$$

A Firm Produces Two Products (A and B) Jointly QA=300−4PAQB=150−2PBQ _ { A } = 300 - 4 P _ { A } \quad Q _ { B } = 150 - 2 P _ { B }QA​=300−4PA​QB​=150−2PB​

A Firm Produces Two Products (A and B) Jointly $Q _ { A } = 300 - 4 P _ { A } \quad Q _ { B } = 150 - 2 P _ { B }$