A company manufactures two types of wood- burning stoves: a freestanding model and a fireplace-insert model. The cost function for producing x freestanding and y fireplace-insert stoves is

(a) Find the marginal costs (∂C/∂x and ∂c/∂y) when x = 80 and y = 20.

(b) When additional production is required, which model of stove results in the cost increasing at a higher rate? How can this be determined from the cost model?

Transcribed Image Text:

C = 32√xy + 175x + 205y + 1050.