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A firm wishes to distribute its total production between two manufacturing plants A and B. A contour map of their total cost function is below, where all numbers are in 1000's. If the firm decides to produce 20,000 units at plant A, and 20,000 units at plant B, what is the approximate total cost of production? 40F 110 126 95 110 30 80 - 95 64- 80 20 48-64 3348 10 1833 2 18 10 20 30 40 1 produced at Plant A (1000s) in 1000s 2 produced at Pnnt B (1000s)

A firm wishes to distribute its total production between two manufacturing plants A and B. A contour map of their total cost function is below, where all numbers are in 1000's. If the firm decides to produce 20,000 units at plant A, and 20,000 units at plant B, what is the approximate total cost of production? 40F 110 126 95 110 30 80 - 95 64- 80 20 48-64 3348 10 1833 2 18 10 20 30 40 1 produced at Plant A (1000s) in 1000s 2 produced at Pnnt B (1000s)

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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A firm wishes to distribute its total production between two manufacturing plants, A and B. A contour map of their total cost function is below, where all numbers are in 1000's. If the firm decides to produce 20,000 units at plant A, and 20,000 units at plant B, what is the approximate total cost of production? 401 110-126 95 110 30 80-95 64- 80 48-64 33-+48 10 18 33 218 10 20 30 40 1 produced at FPlant A (1000s) in 1000s a) $2,000 < Cost < $18,000 b) $18,000 < Cost < $33,000 c) $33,000 < Cost < $48,000 d) $48,000 < Cost < $64,000 e) $64,000 < Cost < $80,000 f) $80,000 < Cost < $95,000 g) $95,000< Cost < $110,000 h) $110,000 < Cost < $126,000 # produced at Pnnt B (1000s)
Transcribed Image Text:A firm wishes to distribute its total production between two manufacturing plants, A and B. A contour map of their total cost function is below, where all numbers are in 1000's. If the firm decides to produce 20,000 units at plant A, and 20,000 units at plant B, what is the approximate total cost of production? 401 110-126 95 110 30 80-95 64- 80 48-64 33-+48 10 18 33 218 10 20 30 40 1 produced at FPlant A (1000s) in 1000s a) $2,000 < Cost < $18,000 b) $18,000 < Cost < $33,000 c) $33,000 < Cost < $48,000 d) $48,000 < Cost < $64,000 e) $64,000 < Cost < $80,000 f) $80,000 < Cost < $95,000 g) $95,000< Cost < $110,000 h) $110,000 < Cost < $126,000 # produced at Pnnt B (1000s)
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