Question
22. Assuming a company has net income, which of the following statements is TRUE regarding the contribution margin per unit? a. It will decrease as
22. Assuming a company has net income, which of the following statements is TRUE regarding the contribution margin per unit?
a. | It will decrease as the number of units sold increases. |
b. | It will decrease as the number of units sold decreases. |
c. | It indicates the amount that net income will increase with the sale of each additional unit. |
d. | It indicates the amount that variable costs will decrease with the sale of each additional unit. |
46 What combination of x and y is a feasible solution that maximizes the value of the objective function (and satisfies all constraints)?
Max ($4x + $7y)
S.T. 2x + 4y < 12
5x + 2y < 30
X, Y > 0
A. x = 0; y = 3
B. x = 0; y = 5
C. x = 5; y = 0
D. x = 6; y = 0
E. x = 4; y = 1
Except for violating the non-negativity constraint, a solution that satisfies all the other constraints of a linear programming problem is called
A. feasible
B. infeasible
C. semi-feasible
D. optimal
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