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Production is modeled by the Cobb Douglas production function
where x represents the number of units of labor, and y the number of units of capital. If each unit of labor costs $500 and each unit of capital $200, and the amount allocated to labor and capital is $300,000, use Lagrange multipliers to determine the number of units of labor and capital which maximizes the level of production.
linear word problem: In a week, the first car gets an average of 20 mpg, the second gets 25 mpg; the two cars combined drive a total of 1175 miles in that week, for a total gas consumption of 50 gallons.
Let X and Y have joint density fXY (x; y) = c(x + y)^2 for 0≤ x ≤1; 0≤y≤1.
a man is walking along a straight road. he notices the top of a tower subtending an angle a 60 deg with the ground
People often have trouble distinguishing odds from probability. Why do you suppose that is? Describe the differences between odds and probability. What do you do to keep the two concepts separate in your mind? Give examples to illustrate your ..
Explain what the method is doing geometrically. Show that in general, one step of Newton's method on the above system results in the given equations.
As a reminder, the planning step for developing oral presentations include:
Use the notation of Example 1 in Section 1.2.A is a 4 X 3 matrix, A - [a1 a2 a3], such that {a1, a2} is linearly independent and a3 is not in Span {a1, a2}.
Find the test statistic
andy is putting together alien toys called zergs and borgs for the display window in a toy store. he has a box of alien
A computer interface for a Kawai digital studio piano has eight microswitches that can be set in either the "on" or "off" position. These switches must be set properly for the interface to work. In how many different ways can this group of switche..
sarah buys x pounds of almonds priced at y dollars per pound. jack spends the same amount of money on walnuts priced
problem assume that fx has the following graphconsider the 1-dimensional odex fxa find all the xed points and study
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