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.
-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.

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Definitions:

Simple Rate

A basic or straightforward interest calculation, without compounding, typically used for short-term loans or investments.

Equipment Life

The expected operational lifespan of machinery or equipment, often used for depreciating or amortizing the cost over its useful life.

Income Taxes

Taxes imposed by the government on the income generated by individuals or entities within a fiscal year.

Discount Rate

A rate utilized in the process of discounted cash flow analysis for determining the present value of future cash flows.