Given the profit function pi 64x - 2x2 4xy - 4y2 32y -
Given the profit function (π) = 64x - 2x2 + 4xy - 4y2 + 32y - 14 for a firm producing two goods x and y. Maximize profits for a firm and test the second-order condition
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given the profit function pi 64x - 2x2 4xy - 4y2 32y - 14 for a firm producing two goods x and y maximize profits
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