Answer:
The production level that maximizes Silky's profit is ties.
Explanation:
Hi
First of all, as we have , we need to transcript it as price in function of the quantity so
Then we need to find income function that is . After derivate it .
The optimum level is when we have , therefore,
, as we clear it for we find that
, finally as we have that is measured in hundreds of ties, the production level that maximizes Silky's profit is ties.