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April 24, 2014

Homework Help: calculus urgent help please!

Posted by lalala on Wednesday, January 18, 2012 at 9:23pm.

company operates two plants which manufacture the same item and whose total cost functions are
C_1=9.5+0.04q_1^(2)and C_2=3.4+0.06q_2^(2),
where q_1 and q_2 are the quantities produced by each plant. The total quantity demanded, q=q_1+q_2 , is related to the price, p , by
p=30−0.06q.
How much should each plant produce in order to maximize the company's profit?
q_1=
q_2=

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