Examlex

Solved

Graph the Constant-Profit Lines Through (3, 2) and (5, 3)

question 16

Multiple Choice

Graph the constant-profit lines through (3, 2) and (5, 3) . Use a straightedge to identify the corner point(s) where the
maximum profit occurs for the given objective function. Graph the constant-profit lines through (3, 2)  and (5, 3) . Use a straightedge to identify the corner point(s)  where the  maximum profit occurs for the given objective function.   -P = x + y A)  Max P = 8 at x = 5 and y = 3 B)  Max P = 5 at x = 3 and y = 2 C)  Max P = 9 at x = 9 and y = 0, at x = 8 and y = 4, and at every point on the line segment joining the preceding two points. D)  Max P = 12 at x = 0 and y = 12, at x = 8 and y = 4, and at every point on the line segment joining the preceding two points.
-P = x + y


Definitions:

Objectives

Objectives are specific, measurable goals that organizations or individuals aim to achieve within a certain timeframe.

End States

The final outcomes or conditions that are achieved after the completion of processes or actions.

Fixed Budget

A predetermined limitation on spending, beyond which expenses cannot exceed for a specific period.

Related Questions