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A firm produces two goods the cost of producing x units of

Question: A firm produces two goods. The cost of producing x units of good 1 and y units of good 2 is

C(x, y) = x²+ xy + y² + x + y + 14

Suppose that the firm sells all its output of each good at prices per unit of p and q respectively. Find the values of x and y that maximize profits.

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Mathematics: A firm produces two goods the cost of producing x units of

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Mathematics: A firm produces two goods the cost of producing x units of

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