Suppose that x units of one input and y units of a second input result in P

Question:

Suppose that x units of one input and y units of a second input result in
P = 40x + 50y - x2 -y2 - xy
units of a product. Determine the inputs x and y that will maximize P. What is the maximum production?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

See More Books

Question Posted: Feb 09, 2018 07:43 AM

See More Questions

Suppose that P = 3.78x2 + 1.5y2 - 0.09x3 - 0.01y3 tons is the production function for a product with x units of one input and y units of a second input. Find the values of x and y that will maximize...
Suppose that in an electric display sign there are three light bulbs in the first row and four light bulbs in the second row. Let X denote the number of bulbs in the first row that will be burned out...
Suppose we wish to test. H0: the X and Y distributions are identical versus Ha: the X distribution is less spread out than the Y distribution The accompanying figure pictures X and Y distributions...
What categories of conflict occurred in this project? At what stage was the project?
A particle of mass m moves along a circle of radius R. Find the modulus of the average vector of the force acting on the particle over the distance equal to a quarter of the circle, if the particle...
(Analysis of Amortization Schedule and Interest Entries) The following amortization and interest schedule reflects the issuance of 10-year bonds by Capulet Corporation on January 1, 2004, and the...
Tabletop Snow Zone is a ski field on the outskirts of Perth. It offers ski packages for the both experienced and novice skiers and also operates a caf and gear shop on the mountain. Tabletop Snow...
On December 31, 2012, the balances of the accounts appearing in the ledger of Warm Place Furnishings Company, a furniture wholesaler, are as follows.a. Prepare a multiple-step income statement for...
3) Find the derivative of the function: f(x)=x-4x + 18lnx
The following end-of-the-year balance sheets (in millions) were adapted from recent financial statements of Apple (AAPL). 1. Prepare common-sized balance sheets for Apple for Years 1 and 2. Round to...
The profit for a grain crop is related to fertilizer and labor. The profit per acre is P = 100x + 40y - 5x2 - 2y2 dollars where x is the number of units of fertilizer and y is the number of...
Profit Suppose that a manufacturer produces two brands of a product, brand 1 and brand 2. Suppose the demand for brand 1 is x = 70 - p1 thousand units and the demand for brand 2 is y = 80 - p2...
The population of the United States rose from about 179 million people in 1960 to about 314 million people in 2012. Suppose you wanted to examine a time series to see if homicides had become an...
ABC Ltd. manufactures cakes in three varietiesA, B, and Ceach requiring similar material, labour, and production facilities. The trading results of the firm for current year ending March are as...
Denmark pegs its currency to the euro. Even though Denmark opted not to join the single currency in 1999, it has pegged its currency very tightly to the euro ever since and keeps the value of the...
During the Christmas break of his final year at Ohio State, Bill Bledsoe plans to put together his rsum in order to seek full-time employment as a medical technician during the spring semester. To...
Royal Industries Ltd. is considering the replacement of one of its moulding machines. The existing machine is in good operating condition but is smaller than required if the firm is to expand its...
Michael Vaughn is preparing his balance sheet and income and expense statement for the year ending June 30, 2010. He is having difficulty classifying six items and asks for your help. Which, if any,...
Which of the following statements is correct with regard to the medical expense deduction? a. Medical expenses are not deductible for AMT. b. The medical expense deduction is decreased for AMT. c....
Can partitioned join be used for r r.A s? Explain your answer
Suppose that in Prob. 13, a bolt is regarded as being defective if its diameter deviates from 1.00 cm by more than 0.09cm. What percentage of defective bolts should we then expect?
A box contains 4 right-handed and 6 left-handed screws, two screws are drawn at random without replacement. Let X be the number of left-handed screws drawn. Find the probabilities P(X = 0), P(X = 1),...
What is the mean life of a light bulb whose life X (hours) has the density f(x) = 0.001e0.001x (x > 0)?
Show the adjusting entries that you would make given the additional data below. In addition to the formal journal entry, please also indicate the type of adjusting entry that is being made, ...
I need one to three paragraphs written about the awk command in unix. Everything should be in a power point presentation. Make sure it contains the following: Command name Description How to use the...
If a firm does not grow as expected subsequent to convertible or bond-with-warrant issues, does that make it more or less likely that the securities will be converted or exercised?

Suppose that x units of one input and y units of a second input result in P

Question:

Step by Step Answer:

x 2y 50 Solving these two equations we have a ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

Students also viewed these Calculus questions