P ProDiGy New member Apr 25, 2010 #1 Having trouble with the math in solving for the ramsey pricing. Any help would be appreciated. Cost function: C = 1800 + 20x + 20y demand functions: x = 100-Px y = 120-py the answer should be $30 and $40 but not sure how to reach that..
Having trouble with the math in solving for the ramsey pricing. Any help would be appreciated. Cost function: C = 1800 + 20x + 20y demand functions: x = 100-Px y = 120-py the answer should be $30 and $40 but not sure how to reach that..