The manager of the firm would like to know the level of output of zipper

| November 24, 2016

I have a Hw problem I’ve been struggling with for my managerial economics course it’s on average cost when the firm is minimized this has two variables

Average cost function:

AC = X^2 + 2Y^2 – 2XY – 2X – 6Y + 20

The manager of the firm would like to know the level of output of zipper X and zipper Y at which the average cost of the firm is minimized, and the level of this average cost.

Also, after this obtained it asks to find out the optimal combination of X and Y to achieve an output of 6 thousand units, at the minimal cost

help would be appreciated

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