1) QualiTees company is a local enterprise in Grambling that produces two varieties of T-shirts, namely, Golf T-shirts and round neck T-shirts. The product exchange function of the company is given as Follows: 160,000 – 10oX Y = 160 + X Where Golf shirts are represented by the notation Y and round neck t-shirts are represented by the notation X: a. Based on its, production function, how many units of Golf shirts can the company produce using its entire resources when it chooses to produce only golf-shirts.? b. Based on its production function, how many units of round neck t-shirts can the company produce when using all its resources to produce only round neck t- shirts? c. Draw a graph to illustrate (a) and (b) immediately above d. What will inform the company's decision about choosing the mix of golf shirts and round neck t shirt combination to produce?
1) QualiTees company is a local enterprise in Grambling that produces two varieties of T-shirts, namely, Golf T-shirts and round neck T-shirts. The product exchange function of the company is given as Follows: 160,000 – 10oX Y = 160 + X Where Golf shirts are represented by the notation Y and round neck t-shirts are represented by the notation X: a. Based on its, production function, how many units of Golf shirts can the company produce using its entire resources when it chooses to produce only golf-shirts.? b. Based on its production function, how many units of round neck t-shirts can the company produce when using all its resources to produce only round neck t- shirts? c. Draw a graph to illustrate (a) and (b) immediately above d. What will inform the company's decision about choosing the mix of golf shirts and round neck t shirt combination to produce?
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 27EQ
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Transcribed Image Text:1) QualiTees company is a local enterprise in Grambling that produces two varieties of
T-shirts, namely, Golf T-shirts and round neck T-shirts. The product exchange function
of the company is given as Follows:
160,000 – 10oX
Y =
160 + X
Where Golf shirts are represented by the notation Y and round neck t-shirts are represented by
the notation X:
a. Based on its, production function, how many units of Golf shirts can the
company produce using its entire resources when it chooses to produce only
golf-shirts.?
b. Based on its production function, how many units of round neck t-shirts can the
company produce when using all its resources to produce only round neck t-
shirts?
c. Draw a graph to illustrate (a) and (b) immediately above
d. What will inform the company's decision about choosing the mix of golf shirts
and round neck t shirt combination to produce?
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