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Posted:
July 8th, 2013
math problem
Find the optimal crude oil allocation in the
preceding example
if the
profit associated
with fiber were cut in half, that is, fell to $.375 per
square foot
.
Samuelson,
William F
. (2012-05-01).
Managerial Economics
, 7th Edition (Page 214). Wiley. Kindle Edition.
MpG = ($0.50)(72-3MG) = 36 – 1.5MG
MpF = ($0.375)(80-4MF) = 30 – 1.5MF
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