ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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An engineering firm recently conducted a study to determine its benefit and cost structure. The
results of the study are as follows:
B (Y) = 300Y − 6 Y 2
C (Y) = 4 Y 2
so that MB = 300 − 12Y and MC = 8Y. The manager has been asked to determine the maximum level
of net benefits and the level of Y that will yield that result.
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