The output at a certain plant is Q = 0.08x 2 + 0.12xy + 0.03y 2 units
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The output at a certain plant is Q = 0.08x2 + 0.12xy + 0.03y2 units per day, where x is the number of hours of skilled labor used and y is the number of hours of unskilled labor used. Currently, 80 hours of skilled labor and 200 hours of unskilled labor are used each day. Use calculus to estimate the change in unskilled labor that should be made to offset a 1-hour increase in skilled labor so that output will be maintained at its current level.
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Related Book For
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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