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Correct answer is B 11. Find the minimum cost of producing 60,000 units of a product P 100x0.41,0.59, where x is the number of units
Correct answer is B
11. Find the minimum cost of producing 60,000 units of a product P 100x0.41,0.59, where x is the number of units of labor (at $80 per unit) and y is the number of units of capital (at $40 per unit). Round your answer to the nearest cent. a. $190,278.22 b. $62,746.50 c. $37,020.43 d. $112,264.15 e. $55,724.88Step by Step Solution
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