A company manufactures two products. If it charges price 
for product 
, it can sell 
units of product 
, where 
and 
. It costs the company $20 to produce a unit of product 1 and $65 to produce a unit of product 2. How many units of each product should the company produce, and what prices should it charge to maximize its profit?
Definitions:
Reasonable Price
A price that is fair and equitable, determined by the market or assessed through the terms of a contract or situation.
Contract
A legally binding agreement between two or more parties, typically entailing a promise or set of promises enforceable by law.
Unconscionable Contract
An agreement that is so unfairly one-sided that it is considered oppressive or shocks the conscience of the court.
Article 2A
Pertains to the leasing of goods under the Uniform Commercial Code (UCC) in the United States.
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