Question
Find the profit maximizing enterprise combination for questions 1 through 4. 1.Price of mums$ 0.80per pot Price of pansies$ 0.75Per flat profit maximizing enterprise 2.Price
Find the profit maximizing enterprise combination for questions 1 through 4. 1.Price of mums$ 0.80per pot Price of pansies$ 0.75Per flat profit maximizing enterprise 2.Price of mums$ 3.30per pot Price of pansies$ 3.40Per flat profit maximizing enterprise 3.Price of mums$ 3.00per pot Price of pansies$ 5.00Per flat profit maximizing enterprise 4.Price of mums$ 4.00per pot Price of pansies$ 4.15Per flat profit maximizing enterprise 5. If mums sell for $3.20 per pot, what does the price of pansies have to be to make combination #8 the exact profit maximizing combination? SHOW YOUR WORK! (4 points) 6. Do mums and pansies show a complementary enterprise relationship in this problem? Carefully explain how you arrived at your answer. (4 points)
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