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C . Theodore Twombly is producing a ratherly unusual service. He runs a business that has professional writers and artificial intelligence compose love letters for
C Theodore Twombly is producing a ratherly unusual service. He runs a business that has
professional writers and artificial intelligence compose love letters for people who are unable
to write them to their lovers themselves. It is a seemingly laborintensive business, however,
Theodore put more emphasis and maintenance costs on Al than human writers so that the
cost function of his business mathematically takes the form:
while his business is constrained to a production function as follows:
A and represents and human input of production, respectively. Help Theodore Twombly
to optimize his business by minimizing his production costs:
ii What is the optimal value of A and H
iii Show that your answers in ii are indeed minimizing the product cost.
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