For the Constraints Given Below, Which Point Is in the Feasible

question 98

Multiple Choice

For the constraints given below, which point is in the feasible solution space of this minimization problem? $$\begin{aligned}14 x + 6 y & \geq 42 \\x + 3 y & \geq 6\end{aligned}$$

• A) x = .5, y = 5
• B) x = 0, y = 4
• C) x = 2, y = 5
• D) x = 1, y = 2
• E) x = 2, y = 1

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Definitions:

Spot Price

Spot Price is the current market price at which a particular asset, such as commodities, securities, or currencies, can be bought or sold for immediate delivery.

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A formalized agreement that obligates the purchase or sale of a specific commodity or asset at an agreed-upon price at a future date.

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A non-standardized agreement to buy or sell an asset at a future date for a price agreed upon today.

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The process in futures trading where the gains or losses of the day are calculated, and accounts are adjusted accordingly to reflect the market value.