Suppose your newspaper is trying to decide between two competing desktop publishing software packages, Macro Publish and Turbo Publish. You estimate that if you purchase x copies of Macro Publish and y copies of Turbo Publish, your company's daily productivity will be U(x, y) = 7x0.9y0.3 + x where U(x, y) is measured in pages per day (U is called a utility function). If x = y = 10, calculate the effect of increasing x by one unit. (Round your answers to two decimal places.) pages per day Interpret the result. This means that, if your company now has copies of Macro Publish and copies of Turbo Publish, then the purchase of one additional copy of Macro Publish will result in productivity increase of approximately pages per day.

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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Suppose your newspaper is trying to decide between two competing desktop
publishing software packages, Macro Publish and Turbo Publish. You estimate
that if you purchase x copies of Macro Publish and y copies of Turbo Publish,
your company's daily productivity will be
U(x, y) = 7x0.9y0.3 + x
where U(x, y) is measured in pages per day (U is called a utility function). If
x = y = 10, calculate the effect of increasing x by one unit. (Round your answers
to two decimal places.)
pages per day
Interpret the result.
This means that, if your company now has
copies of Macro
Publish and
copies of Turbo Publish, then the purchase of one
additional copy of Macro Publish will result in
productivity increase of
approximately
pages per day.
Transcribed Image Text:Suppose your newspaper is trying to decide between two competing desktop publishing software packages, Macro Publish and Turbo Publish. You estimate that if you purchase x copies of Macro Publish and y copies of Turbo Publish, your company's daily productivity will be U(x, y) = 7x0.9y0.3 + x where U(x, y) is measured in pages per day (U is called a utility function). If x = y = 10, calculate the effect of increasing x by one unit. (Round your answers to two decimal places.) pages per day Interpret the result. This means that, if your company now has copies of Macro Publish and copies of Turbo Publish, then the purchase of one additional copy of Macro Publish will result in productivity increase of approximately pages per day.
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