Suppose that John, April, and Tristan have two production plants for producing orange juice. They have a
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where O1 is the number of crates of oranges assigned to plant 1.
The production function for the second plant is
where O2 is the number of crates of oranges assigned to plant 2. What is the best assignment of oranges between the two plants?
Transcribed Image Text:
F1 (01-1, 000(01)-0.5(01)
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Plant 1 should use 600 crates of oranges in production and plant 2 should use 250 ...View the full answer
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