A firm’s cost function is given by C = .05x2 + .01xy + .03y2 + 10x + 15y + 12000 where x and y are the quantities of the firm’s two products. The firm has a contract to produce 2000 of x or y. How many of each type of product should the firm produce to meet its contract? What is the value of lambda and what does this mean? What is the cost for the contract?

about 0.75 hours

step-by-step explanation:

hi there!

first we need to find out how much they are adding to each number to make the next number.

ex: 4 + 4 = 8, 8 + 8 = 16, and so on.

so continuing with 32,

32 + 32 = 64

64 + 64 = 128

128 + 128 = 256

256 + 256 = 512

4, 8, 16, 32, 64, 128, 256, 512

the 8th term of the sequence will be 512

hope this ! ~

step-by-step explanation:

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