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A company is considering two insurance plans with insurance plans with converage and premiums shown. It needs at least $450,000 fire and theft insurance and
A company is considering two insurance plans with insurance plans with converage and premiums shown. It needs at least $450,000 fire and theft insurance and at least $6,000,000 liability converage. How many units should be purchased to minimize the cost of the premium and what is the minimum premium? The company should purchase units of Policy A and units of Policy B, for a premium of $
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