Homework Answers
We have
C(Y) = Y
MC (Y) = 1
P (Y) = 9 - Y
Therefore
TR = PY
TR = Y (9 - Y)
TR = 9Y - Y2
MR = d (TR) / dy
MR = 9 - 2Y
Thus
MC = MR
1 = 9 - 2Y
2Y = 9 - 1
2Y = 8
Y = 8/2
Y = 4
Therefore the number of pies he will produce will be 4.
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