A Firm Makes Two Products, Y and Z

question 55

Multiple Choice

A firm makes two products, Y and Z. Each unit of Y costs $10 and sells for $40. Each unit of Z costs $5 and sells for $25. If the firm's goal were to maximize profit, the appropriate objective function would be

• A) maximize $40Y = $25Z.
• B) maximize $40Y + $25Z.
• C) maximize $30Y + $20Z.
• D) maximize 0.25Y + 0.20Z.
• E) maximize $20Y + $50Z.

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Definitions:

Relationships

Pertains to the connections or associations between two or more individuals, groups, or entities, which can be professional, personal, or social in nature.

Summarizing

The act of presenting a brief statement of the main points of something.

Short Sentences

Concise statements typically containing few words and delivering clear messages.

Disconnected

Lacking coherence or consistency; not logically connected or integrated.