Given the profit function for firm 2; π(Y2; 1) = (80 - 2y1-3y2)y2-10y2-y, firm's 2's profit-maximizing output level solves ச ○ a. 291 8y2 +70 მი Эп O b. 891-4y2 +40 Dy2 aT ○ C. 2y1 8y2 +40 By aπ O d. 2y1-6y2+70 მყი

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Question
Given the profit function for firm 2; π(Y2; 1) = (80 - 2y1-3y2)y2-10y2-y, firm's
2's profit-maximizing output level solves
ச
○ a.
291
8y2 +70
მი
Эп
O b.
891-4y2 +40
Dy2
aT
○ C.
2y1 8y2 +40
By
aπ
O d.
2y1-6y2+70
მყი
Transcribed Image Text:Given the profit function for firm 2; π(Y2; 1) = (80 - 2y1-3y2)y2-10y2-y, firm's 2's profit-maximizing output level solves ச ○ a. 291 8y2 +70 მი Эп O b. 891-4y2 +40 Dy2 aT ○ C. 2y1 8y2 +40 By aπ O d. 2y1-6y2+70 მყი
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