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Suppose as a new florist, you would like to maximize sales, F (x,y) = xy subject to the constraint the 2x + y = 6,
Suppose as a new florist, you would like to maximize sales, F (x,y) = xy subject to the |
constraint the 2x + y = 6, where x is your labor and y is your capital. Find the optimal |
values for x and y. Check for the second derivative (to ensure you are at a maximum). |
Find the optimal value for F(x, y). |
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