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Mathematics, 23.11.2019 04:31 10040813
The monthly output p of a light bulb factory is given by the formula p = 450lk, where l is the amount invested in labor and k the amount invested in equipment (in thousands of dollars). if the company needs to produce 4,000 units per month, how should the investment be divided among labor and equipment to minimize the cost of production? the cost of production is l + k. (round your answers to the nearest cent.)investment in labor $investment in equipment $
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The monthly output p of a light bulb factory is given by the formula p = 450lk, where l is the amoun...
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