- This topic has 3 replies, 3 voices, and was last updated 12 years ago by
nakeshia.
nakeshia.-
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eddie247
- Topics: 6
- Replies: 14
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hi there guys,could someone care to explain to me,what this actually means
when the iso-contribution line is drawn the point furthest away from the origin
along the iso-contribution line will be the point where we will achieve total
maximisation….i am thinking the point will definately be within the feasible region or the polygon whichever way u want to call it…..but according to the statement above
do they mean that it will be along the iso-contribution line but still within the
feasible region?????????help
Satesh
- Topics: 13
- Replies: 54
- ☆☆
hi.
the maximum point a iso-contribution line can go away from the origin but within the feasible region for profit maximization and the maximum point a iso-contribution line can go near the profit for cost minimization.hope you get it….
eddie247
- Topics: 6
- Replies: 14
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yeah,i get it now,thanks alot cheers
nakeshia
- Topics: 1
- Replies: 5
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i dont get it.
Satesh
nakeshia
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