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Problem 5 : A furniture firm produces three outputs chairs, tables, and desks. Production of the output requires inputs labor ( x 1 ) and
Problem :
A furniture firm produces three outputs chairs, tables, and desks. Production of the output requires inputs
labor and wood The firm's objective is to minimize the cost of meeting the three production
constraints.
Solve and graph the primal problem given above. State the optimal values for and as well as TC
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