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A steel plant is capable of producing x ...

A steel plant is capable of producing x tonnes per day of a law-grade steel and y tonnes per day of a hight-grade steel, where `y=(40-5x)/(10-x)`. If the fixed market price of low-grade steel is half that of high-grade steel, then what should be optimal productions in law-grade steel and high-grade steel in order to have maximum receipts.

Text Solution

Verified by Experts

The correct Answer is:
`10-2sqrt(5) and 5-sqrt(5)`
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