Mathematics, 05.05.2020 22:21, kibyrd14

Find the minimum cost of producing 50,000 units of a product, where x is the number of units of labor (at $36 per unit) and y is the number of units of capital (at $48 per unit).

(Round your answer to two decimal places.)

P(x, y) = 100x^0.6y^0.4

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Find the minimum cost of producing 50,000 units of a product, where x is the number of units of labo...