The Production Function for a Company Is , Where

question 128

Multiple Choice

The production function for a company is , where P is the amount produced given x units of labor and y units of equipment. Each unit of labor costs $900 and each unit of equipment costs $350. Assuming the goal of the company is to minimize cost given a fixed production goal of 6000 units produced, what are the objective and constraint functions?

• A)objective: ; constraint:
• B)objective: ; constraint:
• C)objective: ; constraint:
• D)objective: ; constraint:

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