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iv) Minimize a firm's total costs C = 3X^2+ 5XY + 6Y^2 when the firm has to meet a production quota equal to 5X +
iv) Minimize a firm's total costs C = 3X^2+ 5XY + 6Y^2 when the firm has to meet a production quota equal to 5X + 7Y= 732 by (a) finding the critical values X, Y and lemda (b) using the bordered Hessian |H| to test the second-order condition
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Research Design Qualitative Quantitative And Mixed Methods Approaches
Authors: John W. Creswell, J. David Creswell
5th Edition
1506386709, 9781506386706
