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Question 9 2 pts Suppose a firm produces bowls and mugs from labor and clay. Let x 1 represent the number of bowls produced and
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Suppose a firm produces bowls and mugs from labor and clay. Let represent the number of bowls produced and the number of mugs produced. It takes hours of labor and pounds of clay to produce one bowl, and hours of labor and pound of clay to produce one mug. The firm has hours of labor and pounds of clay per day.
If the firm produces bowls and mugs, which of the following is correct?
Slack in the labor constraint is ; Slack in the clay constraint is
Slack in the labor constraint is ; Slack in the clay constraint is
Slack in the labor constraint is ; Slack in the clay constraint is
Slack in the labor constraint is ; Slack in the clay constraint is
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