(Answered) Decide how many units of product 1 and product 2 should be

Economics

Decide how many units of product 1 and product 2 should be produced by using GP given the following information:

Item	Product 1	Product 2	Endowment
Profit/unit	16	12
Labor	3	6	72
Material/unit	2	1	30

The company has the following goals:

a. Total profit should be at least 260.

b. At least 5 units of product 2 should be produced.

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Microeconomics, Economics

Category:- Microeconomics
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