cost function is 5x+10y production function = xy. what will be the minimum cost of 50 units be?
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Step-by-step explanation:
z = f(x, y) = 10x + 10y + xy − x2 − y2 ... Example: Cobb-Douglas production function and a com- ... equation we can easily find that x = y = 50 and the constrained maximum value for z is.
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