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-6 17 18 1 9.1 10 1-1112 113 114 1 15 116 17 18 119 60 50 40 30 20 10 Maximum output for
-6 17 18 1 9.1 10 1-1112 113 114 1 15 116 17 18 119 60 50 40 30 20 10 Maximum output for TC of 400,000 TPP = 4,500 TPP 4,000 TPP 3,500 TC= 400,000 Labour (L) 10 20 30 40 50 60 www.economichelp.org a) State the least cost combination of inputs for this firm. (2 marks) Type answer below: b) State the production level that will be produced using the least cost method. (1 mark)
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Advanced Engineering Mathematics
Authors: Erwin Kreyszig
5th Edition
471862517, 978-0471862512
