Business, 01.12.2021 20:30 kittycat79

A manufacturer of fine pens produces in two plants. The total cost of producing in the first plant is given by
T C1 = y12 + 100.
The total cost of producing in the second plant is given by
TC2=y23 +200. 3
In these cost functions, y1 corresponds to the number of pens produced in the first plant, and y2 corresponds to the number of pens produced in the second plant. Suppose the firm is producing 60 fine pens. If the firm is minimizing costs, how many pens is it producing in the first plant?

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A manufacturer of fine pens produces in two plants. The total cost of producing in the first plant...