A company's production output, P, is given in tons, and is a function of the number of workers, N, and the value of the equipment, V , in units of $25,000. The production function for the company is P=f(N, V)=5N0.75. The company currently employs 81 workers, and has equipment worth $750,000. What are N and V- N= V= Find the values of f, fN, and fV at these values of N and V
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A company's production output, P, is given in tons, and is a function of the number of workers, N, a...
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