Figure 8.62 shows level curves for production f(x, y) as a function of the quantities x
Chapter 8, Problem 42(choose chapter or problem)
Figure 8.62 shows level curves for production f(x, y) as a function of the quantities x and y of two raw materials utilized. The cost of the materials is 15x+20y thousand dollars.What is the maximum production possible with a budget of 300 thousand dollars? How much of each raw material should be purchased to achieve this maximum? 5 10 15 20 25 5 10 15 20 x y 2000 10000 20000 Figure 8.62
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