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Denote the number of items of goods

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A firms total cost function is given by TC=3x1^2+2x1x2+7x2^2, where x1 and x2 denote the number of items of goods G1 and G2 respectively,that are produced.find the values of x1 and x2 which minimize costs if the firm is committed to providing 40 goods of either type in total.

Reference no: EM131236015

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