refer to the following:
A firm produces two products (X and Y) that are substitutes in production; both products are produced on an assembly line that operates only 18 hours per day. The firm faces the following demand and "production" functions:

-What are the profit-maximizing levels of output for X and Y?
A) 100 units of X and 320 units of Y
B) 114 units of X and 264 units of Y
C) 120 units of X and 240 units of Y
D) 150 units of X and 120 units of Y
E) none of the above.

Question

refer to the following:
A firm produces two products (X and Y) that are substitutes in production; both products are produced on an assembly line that operates only 18 hours per day. The firm faces the following demand and "production" functions:
 
-What are the profit-maximizing levels of output for X and Y?
A) 100 units of X and 320 units of Y 
B) 114 units of X and 264 units of Y 
C) 120 units of X and 240 units of Y 
D) 150 units of X and 120 units of Y 
E) none of the above.

Quizplus · Accepted Answer

The Answer of refer to the following:
A firm produces two products (X and Y) that are substitutes in production; both products are produced on an assembly line that operates only 18 hours per day. The firm faces the following demand and "production" functions:
 
-What are the profit-maximizing levels of output for X and Y?
A) 100 units of X and 320 units of Y 
B) 114 units of X and 264 units of Y 
C) 120 units of X and 240 units of Y 
D) 150 units of X and 120 units of Y 
E) none of the above.

Refer to the Following