True/False
A firm produces two products, "r" and "s", and the production process is such that one unit of "r" is always obtained with one unit of "s". If the demand curves for "r" and "s" are estimated to be: Qr = 75 - Pr so that MRr = 75 - 2Qr) and Qs = 100 - .5Ps so that MRs = 200 - 4Qs) and the marginal cost of production is MC = 75 + 4Qj, where Qj consists of one unit of each product, the firm will maximize profits if it sells 20 units of "r" and 20 units if "j".
Correct Answer:

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Correct Answer:
Verified
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