Multiple Choice
A firm sells two goods X and Y) that are related in consumption.The estimated demand and cost conditions are: What are the profit-maximizing prices for the two goods?
A) = $25.60,
= $20.50
B) = $30,
= $35
C) = $50,
= $45
D) = $11.20,
= $42.70
Correct Answer:
Verified
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