Question: Consider the Cobb-Douglas production model for a manufacturing process depending on three inputs x, y, and z with unit costs a, b, and c, respectively,
P = kx(y(z(, ( > 0, ( > 0, ( > 0, ( + ( + ( = 1
Subject to the cost constraint ax + by + a = 4. Determine x, y, and z to maximize the production P.
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