23
QuizMultiple Choice

Business Finance and Economics — Test

Question 23 • Advanced Financial Algebra

The company earns $⁢60 for each gadget and $⁢90 for each widget. At which point is the maximum profit achieved?

Answer
A
(4, 5)
B
(2, 2)
C
(3, 5)
D
(5, 4)

Explanation

Let x be the number of gadgets and y the number of widgets. Profit is 60x + 90y. At (4, 5), profit is $60(4) + $90(5) = $690, which is more than the profits at the other listed points; therefore, the maximum is at (4, 5).

AI-written and checked against the verified answer.

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