Campbell's sells used trailers,U,and new trailers,N.Its profits are given by p = 100N + 68U - 5N² - 5U² - 2NU.The profit-maximizing combination of trailers for Campbell's is: A) N = 9 and U = 5. B) N = 7 and U = 7. C) N = 5 and U = 9. D) N = 13 and U = 0. E) N = 9 and U = 9.

Question

Quizplus · Accepted Answer

To maximize profit, set the partial derivatives of p with respect to N and U equal to 0 and solve the resulting system of equations.

Campbell's Sells Used Trailers,U,and New Trailers,N