- #1
flyingpig
- 2,579
- 1
Homework Statement
[PLAIN]http://img88.imageshack.us/img88/4160/unledmbh.png
So my revenue function is R(d,c)
At R(100, 100) = 2000
At R(50,300) = 4000
Now R(d,c) was given (got cut off in the picture) to be linear
So I believe
R(100,100) = 100d + 100c = 2000
R(50, 300) = 50d + 300c = 4000
I got two equations, two unknowns.
Solving I get
d = 8 and c = 12
Now the answer has the answers swapped, i.e. c = 8, d = 12
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