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The total sales, S, of a one-product firm are given by S(LM) =ML-L, where M is the cost of materials and L is the

The total sales, S, of a one-product firm are given by S(LM) =ML-L, where M is the cost of materials and L is the cost of labor. Find the maximum value of this function subject to the budget constraint shown below. M+L=120 The maximum value of the sales is $

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