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The Cobb-Douglas production function for a bicycle company is given by f(x,y) = 15x y #, where x is the utilization of labor and y
The Cobb-Douglas production function for a bicycle company is given by f(x,y) = 15x y #, where x is the utilization of labor and y is the utilization of capital. If the company uses 1, 168 units of labor and 1,664 units of capital, how many bicycles will be produced? The company will produce bicycles. (Round to the nearest integer as needed.)\fThe equation M(x,y) = 52 + 0.6x - 0.8y gives the mileage (in mpg) of a new car as a function of tire pressure x (in psi) and speed y (in mph). Find My (36,47) (include the appropriate units) and explain what it means. My (36,47) = Explain what the answer in the previous step means when the tire pressure of the car is 36 psi and the speed of the car is 47 mph. Select the correct choice below and fill in the answer box(es) within your choice. O A. Increasing the speed by one mph and maintaining a tire pressure of psi will increase mileage by mpg. O B. Increasing the tire pressure by one psi and maintaining a speed of mph will increase mileage by mpg. O C. Increasing the tire pressure by one psi and maintaining a speed of psi will decrease mileage by mpg. O D. Increasing the speed by one mph and maintaining a tire pressure of psi will increase mileage by mpg. O E. Mileage is mpg at a tire pressure of psi and a speed of mph.Find all values of x and y such that Px(x,y) = 0 and Py(x,y) =0 simultaneously. K P(x,y) =9x2 - 18xy + 5y2 - 18x +66y -2 Px(x,y) = 0 and Py(x,y) = 0 when x = and y =
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