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Total costs and total benefits are given by the equations TC(Y) = 24 + 20Y2 are...

Total costs and total benefits are given by the equations TC(Y) = 24 + 20Y2 are given by TB(Y) = 600Y − 12Y2 , respectively. What level of Y will yield the maximum net benefits NB(Y)?

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Answer #1

Net benpr Tetal Benfr Total Cost c 6004-12y 24-20y ONB 600-244-4oY 6492600 Y600 9.375 Phus Y- ls hu makimun Net Bnyir A Ans i

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