Suppose your newspaper is trying to decide between two competing desktop publishing software packages: Macro Publish and Turbo Publish. You estimate that if you purchase x copies of Macro Publish and y copies of Turbo Publish, your company's daily productivity will be U(x, y) = 8x0.7y0.5 + x, where U(x, y) is measured in pages per day (U is called a utility function). If x = y = 10, calculate the effect increasing x by 1 unit. (Round your answers to two decimal places.) 146.54 X pages per day Interpret the result. This means that, if your company now has 10 v copies of Macro Publish and 10 v copies of Turbo Publish, then the purchase of one additional copy of Macro Publish will result in a productivity increase of approximately 9.75 v pages per day.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Suppose your newspaper is trying to decide between two competing desktop publishing software packages: Macro Publish and Turbo Publish. You estimate that if you purchase x copies of Macro Publish and y copies of Turbo Publish, your company's daily productivity will
be
U(x, y) = 8x0.7y0.5 + x,
where U(x, y) is measured in pages per day (U is called a utility function). If x = y = 10, calculate the effect of increasing x by 1 unit. (Round your answers to two decimal places.)
146.54
X pages per day
Interpret the result.
This means that, if your company now has 10
copies of Macro Publish and 10
copies of Turbo Publish, then the purchase of one additional copy of Macro Publish will result in a productivity increase of approximately 9.75
pages per day.
Transcribed Image Text:Suppose your newspaper is trying to decide between two competing desktop publishing software packages: Macro Publish and Turbo Publish. You estimate that if you purchase x copies of Macro Publish and y copies of Turbo Publish, your company's daily productivity will be U(x, y) = 8x0.7y0.5 + x, where U(x, y) is measured in pages per day (U is called a utility function). If x = y = 10, calculate the effect of increasing x by 1 unit. (Round your answers to two decimal places.) 146.54 X pages per day Interpret the result. This means that, if your company now has 10 copies of Macro Publish and 10 copies of Turbo Publish, then the purchase of one additional copy of Macro Publish will result in a productivity increase of approximately 9.75 pages per day.
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