Question

A company makes two types of magazine racks, metal and plastic. The metal magazine racks sell...

A company makes two types of magazine racks, metal and plastic. The metal magazine racks sell for $68 and the plastic magazine racks for $24. The total cost function is C(x,y)=0.5x^2+0.3y^2−54x−57y+2670 dollars, where x is the number of metal magazine racks and y is the number of plastic magazine racks. How many magazine racks of each type should be produced and sold to maximize the profit?

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