Mathematics, 08.09.2020 02:01 ijohnh14
Suppose that the profit (in hundreds of dollars) of a certain firm is approximated by:
P(x, y) = 1500 +36x - 1.5x^2 + 120y - 2y^2
where x is the cost of a unit of labor and y is the cost of a unit of goods. Find the values of x and y that mazimize profit. Find the maximum profit.
Answers: 1
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Suppose that the profit (in hundreds of dollars) of a certain firm is approximated by:
P(x, y) = 15...
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