Bond Brothers, a Real Estate Developer, Builds Houses in Three

question 252

Multiple Choice

Bond Brothers, a real estate developer, builds houses in three states. The projected number of units of each model to be built in each state is given by the matrix The profits to be realized are $20,000, $21,000, $26,000, and $30,000, respectively, for each model I, II, III, and IV house sold. Find the total profit Bond Brothers expects to earn in each state if all the houses are sold.

• A) the total profit is $2,990,000
• B) the total profit is $7,350,000
• C) the total profit is $1,755,000
• D) the total profit is $12,095,000

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