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Answer to Question #152577 in Economics for Nadia
Question #152577
Given Y = -2X2
+ 20X - 20
i. Find the optimal value of X
ii. Is this a maximum or minimum point? Explain.
+ 20X - 20
i. Find the optimal value of X
ii. Is this a maximum or minimum point? Explain.
Expert's answer
"Y'= - 4x+20"
"Xmax=5"
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