How to solve an optimization problem?

Math 105- Calculus for Economics & Business Sections 10.3 & 10.4 : Optimization problems How to solve an optimization problem? 1. Step 1: Understand the problem and underline what is important ( what is known, what is unknown, what we are looking for, dots) 2. Step 2: Draw a “diagram”; if it is possible. 3. ................
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