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:

Revenues

The total amount of money received by a company for goods sold or services provided during a certain time period.

Equity

The residual interest in the assets of an entity after deducting liabilities, often referred to as shareholder's equity or owner's equity.