A car manufacturer builds both left-hand and right-hand drive cars. It estimates that its costs and the demand faced in each of these respective markets can be modelled by the functions below P = 520 – 3Q1 P2 720 – 4Q2 - TC = 100Q, + 120Q2 + 4Q,Q2 What is the maximum profit the firm could make? O 24300 O 24800 O 25300 O 25800 O 26500

A car manufacturer builds both left-hand and right-hand drive cars. It estimates that its costs and the demand faced in each of these respective markets can be modelled by the functions below P = 520 – 3Q1 P2 720 – 4Q2 - TC = 100Q, + 120Q2 + 4Q,Q2 What is the maximum profit the firm could make? O 24300 O 24800 O 25300 O 25800 O 26500

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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