A Linear Programming Problem Has Two Constraints 2X + 4Y

question 97

Multiple Choice

A linear programming problem has two constraints 2X + 4Y ≥ 100 and 1X + 8Y ≤ 100, plus nonnegativity constraints on X and Y. Which of the following statements about its feasible region is TRUE?

• A) There are four corner points including (50, 0) and (0, 12.5).
• B) The two corner points are (0, 0) and (50, 12.5).
• C) The graphical origin (0, 0) is in the feasible region.
• D) The feasible region is triangular in shape, bounded by (50, 0), (33.3333, 8.3333), and (100, 0).
• E) The feasible region cannot be determined without knowing whether the problem is to be minimized or maximized.

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Price-Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings, used to evaluate if a stock is over or undervalued.

Market Price

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A financial ratio that measures the profitability of a company from the perspective of common stockholders, calculated by dividing net income available to common shareholders by average common stockholder's equity.