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Minimize C = 6x + 3y Constraints: 4x + 3y 24 4x + y 16 x 0, y 0 Draw a graph with the
Minimize C = 6x + 3y Constraints: 4x + 3y 24 4x + y 16 x 0, y 0 Draw a graph with the restrictions given (on graph paper for your own reference). Then then determine the minimum point. Evaluate the equation C=6x+3y using the minimum point.
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
