My Friends: I, the Mighty Brutus, Have Decided to Prepare

question 160

Multiple Choice

My friends: I, the mighty Brutus, have decided to prepare for retirement by instructing young warriors in the arts of battle and diplomacy. For each hour spent in battle instruction, I have decided to charge 90 ducats. For each hour in diplomacy instruction I shall charge 20 ducats. Due to my advancing years, I can spend no more than 60 hours per week instructing the youths, although the great Jove knows that they are sorely in need of instruction! Due to my fondness for physical pursuits, I have decided to spend no more than half of the total time in diplomatic instruction. However, the present border crisis with the Gauls is a sore indication of our poor abilities as diplomats. As a result, I have decided to spend 15 hours per week instructing in diplomacy. Finally, to complicate things further, there is the matter of Scarlet Brew: I have estimated that each hour of battle instruction will require at least 20 gallons of Scarlet Brew to quench my students' thirst, and that each hour of diplomacy instruction, being less physically demanding, requires half that amount. Because my harvest of red berries has far exceeded my expectations, I estimate that I'll have to use at least 1,350 gallons per week in order to avoid storing the fine brew at great expense. Given all these restrictions, how many hours per week should I spend in each type of instruction to maximize my income ?

• A)15 hours in battle and 15 hours in diplomacy
• B) 45 hours in battle and 15 hours in diplomacy
• C) 30 hours in battle and 30 hours in diplomacy
• D) 60 hours in battle and 15 hours in diplomacy
• E) no solution

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Definitions:

Tender Offer

A public offer made by a prospective acquirer to purchase a substantial portion of the shares of another company, directly from its shareholders.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business activity.

Stockholders

Individuals or entities that own shares in a corporation, thereby holding a portion of the company's equity.

Takeover Bid

An offer made by an individual or company to purchase a majority share of another company, with the intent of taking control.