A company wishes to produce two types of souvenirs: Type A and Type B. Each Type A souvenir will result in a profit of $1.00, and each Type B souvenir will result in a profit of $1.60. To manufacture a Type A souvenir requires 2 minutes on Machine I and 1 minute on Machine II. A Type B souvenir requires 1 minute on Machine 1 and 3 minutes on Machine II. There are 3 hours available on Machine 1 and 5 hours available on Machine II. (a) for a meaningful solution, the time available on Machine I must le between Ix and * min(Enter your answers from smallest to largest.) (b) of the time available on Machine Ils changed from 200 min to (300 + ) min, with no change in the maximum capacity for Machine 1, then Ace Novelty's profit is maximized by producing Type A souvenirs and Type souvenirs, where 1x sks (c) Find the shadow price for Resource 2 (associated with constraint 2). (Round your answer to the nearest cent.) Need Help? A company wishes to produce two types of souvenirs: Type A and Type B. Each Type A souvenir will result in a profit of $1.00, and each Type B souvenir will result in a profit of $1.60. To manufacture a Type A souvenir requires 2 minutes on Machine I and 1 minute on Machine II. A Type B souvenir requires 1 minute on Machine 1 and 3 minutes on Machine II. There are 3 hours available on Machine 1 and 5 hours available on Machine II. (a) for a meaningful solution, the time available on Machine I must le between Ix and * min(Enter your answers from smallest to largest.) (b) of the time available on Machine Ils changed from 200 min to (300 + ) min, with no change in the maximum capacity for Machine 1, then Ace Novelty's profit is maximized by producing Type A souvenirs and Type souvenirs, where 1x sks (c) Find the shadow price for Resource 2 (associated with constraint 2). (Round your answer to the nearest cent.) Need Help