6. Suppose a company has two separate plants that manufacture the same item. Suppose x is the amount produced at plant I and y is the amount at plant II. If the total cost function for the two plants is C(x,y) = 200 - 12x- 30y +0.03x +0.001y find the production allocation that minimizes the company's total cost.

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Q: Given the cost function C(x) = x3 - 6x2 + 13x + 15, find the minimum marginal cost.

A: Given, cost function C(x) = x3 - 6x2 + 13x + 15 To evaluate minimum marginal cost.

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A: Solution

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