How many units of cows must be raised and slaughtered, Microeconomics

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How many units of cows must be raised and slaughtered

A producer of fixed proportion goods Beef and Leather (goods that are complements in production such that QB=QL - each cattle raised and slaughtered for beef yields its skin/leather as well) has marginal costs and marginal revenues of MC = 12Q, MRB=54-6QB, MRL=126-12QL. How many units of cows should be raised and slaughtered?

a.8.25

b.6

c.5.25

d.3

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Microeconomics: How many units of cows must be raised and slaughtered

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Microeconomics: How many units of cows must be raised and slaughtered

Reference No:- TGS0517792

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : How organization optimize supply chain management

Q : How did the authors interpret the results

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Microeconomics: How many units of cows must be raised and slaughtered

Reference No:- TGS0517792

Recent Questions Asked Microeconomics

Q : How organization optimize supply chain management

Q : How did the authors interpret the results

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Q : How many units of cows must be raised and slaughtered

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