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Airplane leases. Refer to Problem 68. The cost of leasing a 10-passenger airplane is $8,000 per month,

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Airplane leases. Refer to Problem 68. The cost of leasing a 10-passenger airplane is $8,000 per month, a 15-passenger airplane is $14,000 per month, and a 20-passenger airplane is $16,000 per month. Which of the solutions to Problem 68 would minimize the monthly leasing cost?
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Let C 8000x 1 14000x 2 16000x 3 Then for x 1 0 x ...View the full answer


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