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Question 4 > Suppose the labor cost (in dollars) for manufacturing a particular product can be approximated by L(x, y) = +y' - 8x -4y
Question 4 > Suppose the labor cost (in dollars) for manufacturing a particular product can be approximated by L(x, y) = +y' - 8x -4y - 2xy + 239 where > is the number of hours required by a skilled craftsperson and y is the number of hours required by a semiskilled person. What values of 2 and y will minimize cost and what is the minimum cost? Labor costs will be minimized when r = and y = The minimum labor cost will be $
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