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23. Maximizing total sales. Total sales, S, of Cre-Tech are given by S(L, M) = ML – L², where M is the cost of materials and L is the cost of labor. Find the maximum value of this function subject to the budget constraint M + L = 90.

23. Maximizing total sales. Total sales, S, of Cre-Tech are given by S(L, M) = ML – L², where M is the cost of materials and L is the cost of labor. Find the maximum value of this function subject to the budget constraint M + L = 90.

Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter10: Inequalities
Section10.8: Systems Of Linear Inequalities
Problem 2E
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23. Maximizing total sales. Total sales, S, of Cre-Tech are given by S(L, M) = ML – L², where M is the cost of materials and L is the cost of labor. Find the maximum value of this function subject to the budget constraint M + L = 90.
Transcribed Image Text:23. Maximizing total sales. Total sales, S, of Cre-Tech are given by S(L, M) = ML – L², where M is the cost of materials and L is the cost of labor. Find the maximum value of this function subject to the budget constraint M + L = 90.
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