Solve the Problem. -A Company Makes Three Chocolate Candies: Cherry, Almond, and Raisin

question 89

Multiple Choice

Solve the problem.
-A company makes three chocolate candies: cherry, almond, and raisin. Matrix A gives the number of units of each ingredient in each type of candy in one batch. Matrix B gives the cost of each ingredient (dollars per unit)
From suppliers X and Y. What is the cost of 100 batches from supplier X?

• A) $3300
• B) $6600
• C) $7800
• D) $4800

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Prices

The price tag anticipated, mandatory, or surrendered in settlement for an item.

Drug Interdiction

The policy or practice of preventing illegal drugs from being trafficked and distributed.

Inelastic

Describes a situation where the demand or supply for a good or service is relatively unresponsive to changes in price, meaning that price variations have little effect on the quantity demanded or supplied.