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The unit price for hiring labour is k5000 and the unit

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A firm has K250,000 to spend on labour and raw materials. The output of the firm is axy where 'a' is a constant and x and y are respectively the quality of labour and raw materials consumed. The unit price for hiring labour is K5000, and the unit price for raw material is K2500. find the ratio of x to y that maximizes the output?

Reference no: EM13586052

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