If y = 2x - 8, what is the minimum value of the product xy?
Solution:
Let z = xy
Since y = 2x - 8
z = x (2x - 8)
z = 2x2 - 8
Differentiate w.r.t to x,
dz /dx = 4x - 8
Differentiate again w.r.t z
d2z/dx2 = 4
Now consider dz/dx = 0
⇒ 4x - 8 = 0
⇒ x = 2
When x = 2, d2z/dx2 = 4 > 8
z is minimum when x = 2
Substitute x = 2 in y = 2x - 8
y = 2(2) - 8 = -4
Minimum value of z = xy
Value of z at x = 2 and y = -4
z = (2)(-4) = -8
If y = 2x - 8, what is the minimum value of the product xy?
Summary:
If y = 2x - 8, the minimum value of the product xy is -8.
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