There Are Four Items (A, B, C, and D) That

question 7

Multiple Choice

There are four items (A, B, C, and D) that are to be shipped by truck. The weights of these are 3, 7, 4, and 5 tons, respectively, and the plane can carry 13 tons. The profits (in thousands of dollars) generated by these are 3 for A, 4 for B, 2 for C, and 5 for D. There are three units of each available for shipment. The maximum possible profit for this would be

• A) $9.
• B) $11.
• C) $13.
• D) $15.

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Definitions:

Land

In economics, land refers to all natural resources used to produce goods and services, including not just real estate but also agricultural land, forests, and mineral resources.

Demand

The amount of a product or service that buyers are ready and capable of buying at different price levels over a specific period.

Rent

A payment made by a tenant at regular intervals in exchange for the use of land, a building, an apartment, an office, or other property.

Usury Law

Legislation that places a cap on the interest rates that can be charged on loans, intended to protect consumers from excessively high charges.