(Step-by-Step) A farmer sells two products A and B. the two products are assumed to be jointly produced in fixed proportion. The marginal cost equation
Question: A farmer sells two products A and B. the two products are assumed to be jointly produced in fixed proportion. The marginal cost equation for the products A + B package is given by
MC = 50 + 4q
The selling prices of Product A and B are given below.
Product A Product B
p=100-1q p=150-2q
where q is the quantity sold.
- Calculate the quantity which will yield the maximum profit. (6 marks)
- Calculate the selling prices of Product A and B based on the results in ( c ) (i)
(2 marks)
Deliverable: Word Document 
![[Steps Shown] Explain how a manager makes](/images/solutions/MC-solution-library-57715.jpg "[Steps Shown] Explain how a manager makes decision under Maximum")
[Steps Shown] Explain how a manager makes decision under Maximum
(Step-by-Step) The table below shows the probability distributions
![[Solution Library] Refer to the graph below](/images/solutions/MC-solution-library-57717.jpg "[Solution Library] Refer to the graph below which shows the sales of a")
[Solution Library] Refer to the graph below which shows the sales of a
![[Step-by-Step] The table below show the Present](/images/solutions/MC-solution-library-57718.jpg "[Step-by-Step] The table below show the Present value and the")
[Step-by-Step] The table below show the Present value and the
![[Solution] Find each limit. x→ ∞ -1lim](/images/solutions/MC-solution-library-57719.jpg "[Solution] Find each limit. x→ ∞ -1lim (3x^5-2x^3+5x-7)")
[Solution] Find each limit. x→ ∞ -1lim (3x^5-2x^3+5x-7)
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