Cost suppose a company has two separate plants that, Microeconomics

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Cost suppose a company has two separate plants that

Question: Cost suppose a company has two separate plants that manufacture the same item. Suppose x is the amount produced at plant I and y is the amount at plant II. If the total cost function for the two plants is

C(x, y) = 200 - 12x - 30y + 0.03x² + 0.001y³

find the production allocation that minimizes the company's total cost.

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Microeconomics: Cost suppose a company has two separate plants that

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Microeconomics: Cost suppose a company has two separate plants that

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