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If the aim is to minimise costs, the solution is where the total cost line touching the feasible area at a tangent is as close to the origin as possible.
If the aim is to maximise profit, the solution is where the total cost line touching the feasible area at a tangent is as far away from the origin as possible.
What do the above two statements mean, including what does at a tangent mean and are these two statements correct
How many times do I have to tell you that I am not prepared to type out my lectures here just because you are not prepared to watch them.
