of firm prduang hoo C = 250x2 +120y². AsSummg Sunpose Crt funchon a joint pndut x and hie output uf mo prucduct gwven as U resmeted at U %3D 4144.cwing lagrangjar mulhplier Fedhmque- hnd the amount x and x That will minimne. Cost and Compute i Ihs Cast MS0 examme The cost impli(cahons 4 changng thu Ophimal combinahon Jo as w prduce equal amunt uf bolh pneluets

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
ChapterA: The Use Of Mathematics In Principles Of Economics
Section: Chapter Questions
Problem 3RQ: Exercise A3 What dome slices of a pie chart represent?
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Sunpose
fnduce x and y
The outut uf mo prucduct
of frm preducung hoo
C = 250x2 +120y². AsSummg
4144.wing Lag rangjar
a joint
CUrt funchon
given as
%3D
U resmcted at
mulhplier Fechnique- ind he amount X and y That will minimnel.
Cost and Compute i Ihs
of changng thi Optimal combinahon
amount Uf boin puelucts
Cast
MSO examme
he cost implcahors
Jo as w prduce equal
2800 50
Transcribed Image Text:Sunpose fnduce x and y The outut uf mo prucduct of frm preducung hoo C = 250x2 +120y². AsSummg 4144.wing Lag rangjar a joint CUrt funchon given as %3D U resmcted at mulhplier Fechnique- ind he amount X and y That will minimnel. Cost and Compute i Ihs of changng thi Optimal combinahon amount Uf boin puelucts Cast MSO examme he cost implcahors Jo as w prduce equal 2800 50
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