Question: 3. A company has a production function with three inputs x, y and z, given by 2 1 1 S(x, y, 2) = 50x

3. A company has a production function with three inputs x, y and z, given by 2 1 1 f(x, y, z)=50x/5 y 5; 5. The total budget

3. A company has a production function with three inputs x, y and z, given by 2 1 1 S(x, y, 2) = 50x 5 y/5275 The total budget is $24,000 and the company can buy x, y and z at $80, S12 and $10 per unit respectively. What combination of inputs will maximize production? [12 ma

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