This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: critical values in this problem. a. H ( u,v,w ) = 2 u 2 + v 2-3 w 2 + 2 uv + 4 uw-2 vw . b. F ( x,y,z ) = 30 x 1 / 3 y 2 / 3-z (5 x + 8 y-400). c. G ( w,x,y,z ) = x 2 + 2 y 2 + 4 z 2-2 wx-5 wy-3 wz + 300 w . 5. A rm sells two competing products, A and B. The joint demand equations for these products are Q A = 80-3 2 P A + 2 P B and Q B = 60 + 2 P A-3 P B , where Q A and Q B are the weekly demand for products A and B, respectively, and P A and P B are the prices of these products. Find the prices that the rm should charge to maximize the rms revenue , the quantities that the rm sells at these prices and the (maximum) revenue the rm generates. Justify your claim that the prices you found yield the maximum revenue....
View Full Document
- Spring '08