A corporation has a plastics division and an industrial equipment division. For each $1 worth of output,

Question:

A has a plastics division and an industrial equipment division. For each $1 worth of output, the plastics division needs $.02 worth of plastics and $.10 worth of equipment. For each $1 worth of output, the industrial equipment division needs $.01 worth of plastics and $.05 worth of equipment. At what level should the divisions produce to meet a consumer demand for $930,000 worth of plastics and $465,000 worth of industrial equipment?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...