Question: For a cost function, f(x, y), the minimum cost for a production of 50 is given by f(33, 87) = 1200, with = 15.
For a cost function, f(x, y), the minimum cost for a production of 50 is given by f(33, 87) = 1200, with λ = 15. Estimate the cost if the production quota is:
(a) Raised to 51
(b) Lowered to 49
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