A manufacturer estimates that its production can be modeled by f(x, y) = 100x 0.8 y 0.2

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A manufacturer estimates that its production can be modeled by f(x, y) = 100x0.8y0.2 where x is the number of units of labor and y is the number of units of capital.

(a) Find the production level when x = 100 and y = 200.

(b) Find the production level when x = 500 and y = 1500.

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Related Book For  answer-question

Calculus Of A Single Variable

ISBN: 9781337275361

11th Edition

Authors: Ron Larson, Bruce H. Edwards

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