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A building in the shape of a rectangular box is to have a volume of (see the figure) . It is estimated that the annual heating and cooling costs will be $2/square foot for the top, $4/square foot for the front and back, and $2/square foot for the sides. Find the dimensions of the building that will result in a minimal annual heating and cooling cost. What is the minimal annual heating and cooling cost(C) ?
Opportunity Costs
The cost of the next best alternative foregone as a result of making a decision.
Scarce Resources
Essential goods and services that are limited in supply relative to demand, necessitating allocation and economical usage.
Macroeconomics Question
A question that relates to the study and analysis of the economy as a whole, including issues like inflation, unemployment, and economic growth.
Constitutional Amendment
A formal change or addition proposed or made to a constitution, modifying its existing provisions or adding new ones.
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