A Company Uses 4 Pounds of Resource 1 to Make $\ge$

question 7

Multiple Choice

A company uses 4 pounds of resource 1 to make each unit of X₁ and 3 pounds of resource 1 to make each unit of X₂. There are only 150 pounds of resource 1 available. Which of the following constraints reflects the relationship between X₁, X₂ and resource 1?

• A)4 X₁ + 3 X₂ \(\ge\)150
• B)4 X₁ + 3 X₂ \(\le\) 150
• C)4 X₁ + 3 X₂ = 150
• D)4 X₁ \(\le\) 150

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Definitions:

Short 100 Shares

The action of borrowing 100 shares of a stock to sell them with the expectation of buying them back later at a lower price.

Margin Call

A request from a broker to an investor to add more funds or securities to compensate for potential losses.

Short 100 Shares

The act of selling 100 shares of stock not currently owned, with the expectation that the stock can be bought back at a lower price in the future for profit.

Rate of Return

A measure of the gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.