I'm having problems figuring out how to graph the attached problem. I know it must include product transformation curves, with total cost points, as well as total revenue lines. I'm just very confused about how to even get started. I need some guidance.© BrainMass Inc. brainmass.com March 21, 2019, 3:53 pm ad1c9bdddf
Profit = Revenue - TC = PA * A + PB * B - TC
Where PA = 0.50 and PB = 1
By using the TC = 90 table, Profit = 0.5A + 1B - 90
We then ...
Total Profit Maximization is achieved for Dairy Farm Company.