(, ) = 64 − 22 + 4 − 42 + 32 − 14
Where x and y are the quantities of services provided to these two types of consumers.
ADetermine the profit maximising levels of service for each of the customers.
BCheck the second order conditions to establish the type of extremum
Where x and y are the quantities of services provided to these two types of consumers.
ADetermine the profit maximising levels of service for each of the customers.
BCheck the second order conditions to establish the type of extremum