A Firm Sells Two Goods X and Y)that Are Related

question 32

Multiple Choice

A firm sells two goods X and Y) that are related in consumption.The estimated demand and cost conditions are: What are the profit-maximizing prices for the two goods?

• A) = $25.60, = $20.50
• B) = $30, = $35
• C) = $50, = $45
• D) = $11.20, = $42.70

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