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    minimum cost combination

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    Combinations Qty Corn Qty Potatoes
    A 500 1650
    B 550 1460
    C 600 1280
    D 650 1120
    E 700 1060
    F 750 1020

    If the price of a pound of potatoes is half the price of a pound of corn and corn sells for P dollars per pound, what is the cost of each combination. What is the minimum cost combination?

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    https://brainmass.com/economics/microeconomics/determining-minimum-cost-combination-316397

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    Problem: If ...

    Solution Summary

    The minimum cost combination is determined in this solution. Step by step calculations are given to solve this problem.

    $2.19