51 ALLOCATION OF LABOR Using x hours of skilled labor and y hours of unskilled...
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51 ALLOCATION OF LABOR Using x hours of skilled labor and y hours of unskilled labor a manufacturer can produce Q x y 10xy 2 units Currently 30 hours of skilled labor and 36 hours of unskilled labor are being used Suppose the manufacturer reduces the skilled labor level by 3 hours and increases the unskilled labor level by 5 hours Use calculus to determine the approximate effect of these changes on production
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