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A store owner sells an Idaho wine and a Washington wine. The expected weekly profits from the sale of the two types of wines is
A store owner sells an Idaho wine and a Washington wine. The expected weekly profits from the sale of the two types of wines is P(x,y)=3x2+6xyy2+54x+34y800 dollars where x is the number of Idaho bottles of wine and y is the number of Washington bottles of wine sold weekly. 1 (a) Find Px(20,12). Write a sentence describing what this number represents in the context of the problem. (b) If the company can only stock 40 bottles of the two wines weekly (assume they sell what they stock), how many of each type should they stock to maximize the profit from the sale of the two wines and what is the maximum profit? The constraint equation is x+y=40. Round your answer to the nearest whole digit. i. Write out the Lagrange equation F(x,y,) using correct notation. ii. Find all the partial derivatives of the Lagrange equation and use them to solve for the values that lead to the maximum profit
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