Redo Problem 7.14, using the data derived from Problem 7.7. The constraints are graphed in Fig. 7-9
Question:
Redo Problem 7.14, using the data derived from Problem 7.7.
The constraints are graphed in Fig. 7-9
(a) and the feasible region in Fig. 7-9(b). In Fig. 7-9
(b) the slope of the isocost line is . Hence y1 = 9, y2 = 2, c = 80(9) + 160(2) = 1040.
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Related Book For 
Schaum S Outline Of Mathematical Methods For Business Economics And Finance
ISBN: 978-1264266876
2nd Edition
Authors: Luis Moises Pena Levano
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