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

question 98

Essay

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 $19,000, $22,000, $25,000, 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.
profit in N.Y. $__________
profit in Conn. $__________
profit in Mass. $__________
total profit $__________

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Definitions:

Corporate Deviance

Behaviors by companies or their representatives that do not conform to societal expectations or norms, often involving unethical or illegal activities.

High Position

A status or role that ranks above others in terms of authority, responsibility, or hierarchical order.

Prestige

A measure of high status or respect gained by achievements or quality of character, often associated with a certain position or profession.

Sky-high Compensation

Extremely high or excessive payment or remuneration, often discussed in the context of executive pay or legal settlements.