Math Problem Statement
หา y* ยังไง
Solution
From the provided image, the goal is to find where . Here's the breakdown of the steps to solve for :
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Profit Function:
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Derivative of Profit with respect to :
From the equation in the image:
This derivative is set to zero to maximize profits.
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Set :
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Solve for : To proceed, you'll need to determine the relationship between , , and , which might involve production functions or constraints not shown here. If these are provided in your full notes or problem, substitute those relationships and solve for .
If you share more details or constraints from the problem, I can help you fully compute !
Questions for Further Understanding:
- What is the production function used here, if any?
- Are and given as functions of , or are they constants?
- What is the value of in this scenario?
- Does the problem involve specific cost functions or constraints for and ?
- Is this part of a larger optimization problem involving multiple variables?
Tip:
When maximizing profit, always ensure that the marginal cost (MC) and marginal revenue (MR) are aligned correctly. Double-check the production function dependencies when solving.
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Math Problem Analysis
Mathematical Concepts
Profit Maximization
Marginal Cost
Marginal Revenue
Formulas
Profit function: Π = py - [(w)(l) + (r)(k)]
Derivative of profit with respect to y: ∂Π/∂y = p - ∂[(w)(l) + (r)(k)]/∂y
Theorems
First-order condition for profit maximization
Suitable Grade Level
Undergraduate Economics or Mathematics
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