Economy, asked by santoshtiwari0620, 1 year ago

A monopolist who produced 2goods has two demand function given as Q1=40-2P1+P2 and Q2=P1-P2+15 there Q1 and Q2 denotes quantity of two goods and P1&P2prices of these goods respectively of the cost function for the monopolist is given C =Q22+Q1Q2+Q12 then calculate the profit maximizing quantity and price for both good .Explain how Hessian matrix will be constructed in this case.

Answers

Answered by bigpen7inch
2
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