Business, 17.10.2019 23:20 montanolumpuy

The cost of controlling emissions at a firm goes up rapidly as the amount of emissions reduced goes up. here is a possible model: c(x, y) = 7,000 + 500x2 + 50y2 where x is the reduction in sulfur emissions, y is the reduction in lead emissions (in pounds of pollutant per day), and c is the daily cost to the firm (in dollars) of this reduction. government clean-air subsidies amount to $500 per pound of sulfur and $100 per pound of lead removed. how many pounds of pollutant should the firm remove each day in order to minimize net cost (cost minus subsidy)?

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