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Suppose that in the above problem, you are told that at the given (10,101,102), you are told that the prot maximizing choice is (31,335) = (10, 20)....

Q2 the above problem is Q1 which I posted. Suppose that in ...q2 1.jpegQ2.jpeg

q2 1.jpeg

2. Suppose that in the above problem, you are told that at the given (10,101,102), you are told
that the profit maximizing choice is (31,335) = (10, 20). Now suppose there is an infinitesimal
change in 101. Hint: Again, you should be using one of the theorems covered in Lee 6. Your profit changes by
a. 10101.
b. 10 101 + 20 102.
c. Depends on a and 5‘. Cannot give explicit answer. (:1. None of the above.

Q2.jpeg

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