Divide and simplify.
1 answer:
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Maximum production p=552728
Step-by-step explanation:
The equation for maximum production is :
The number of units of labor is x @$72
The number of units of capital is y @$40
The total cost of labor and capital is limited to $270,000, this can be written as;
72x+40y ≤ $270,000
Graphing the inequality to find values of x and y ,from the graph;
x=3750 units
y=6750 units
Applying the expression for maximum production
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Inequalities graphs :brainly.com/question/11386040
Keywords: maximum, production,cost, labor,limited to,capital ,unit
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Answer: a) , b)
c) $5761.36.
Step-by-step explanation:
Since we have given that
Unit price is expressed as
Let x be the number of units of a thousands.
So, Revenue function is given by
.(b) Find the marginal revenue function R'..
Marginal revenue function becomes,
(c) Compute R'(2).
Hence, a) , b)
c) $5761.36.