Provide an Appropriate Response

question 17

Short Answer

Provide an appropriate response.
-The corner points for the bounded feasible region determined by the system of inequalities:
5x₁ + 2x₂ ≤ 40
x₁ + 3x₂ ≤ 21
x₁,x₂ ≥ 0
are O = (0,0),A = (0,7),B = (6,5)and C = (8,0).Find the optimal solution for the objective profit function: P = 5x₁ + 5x₂

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Definitions:

Emotional Intelligence

The capacity to comprehend, utilize, and control one's emotions positively to reduce stress, communicate efficiently, empathize with others, surmount obstacles, and resolve conflicts.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales.

Skilled Workforce

An employment group that has specialized training, knowledge, and abilities in particular fields.

Oligopoly

A market structure characterized by a small number of firms controlling the majority of the market share, which affects competition and pricing.