Suppose That a Constraint Is Given by X + Y

question 76

Essay

Suppose that a constraint is given by X + Y ≤ 10. If another constraint is given to be 3X + 2Y ≥ 15, and if X and Y are restricted to be nonnegative, determine the corners of the feasible solution. If the profit from X is 5 and the profit from Y is 10, determine the combination of X and Y that will yield maximum profit.

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Definitions:

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An annual statement of the United States government's expenditures and revenues, detailing the allocation of resources among various federal agencies and programs.

Aggregate Demand

The sum of desires for goods and services in an economy, assessed at an established overall price level and during a distinct period.

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Financial distributions without the requirement of goods or services in return, such as welfare or social security.

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Governments' income derived from tax levies.