Suppose that in Calculus Problem 3 repair work costs $100 per hour, ads cost $100 per column

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Suppose that in Calculus Problem 3 repair work costs $100 per hour, ads cost $100 per column inch, and you have $1,000 that you can spend in total. Write down the constrained optimization problem you face. What is your best choice?

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Microeconomics

ISBN: 978-1118572276

5th edition

Authors: David Besanko, Ronald Braeutigam

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Question Posted: Mar 18, 2016 04:42 AM

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Suppose that in Calculus Problem 3 repair work costs $100 per hour, ads cost $100 per column

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You spend 8 hours on repair work and buy 2column inches of a...View the full answer

Microeconomics

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