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Maximizing Profit The Ace Novelty company produces two souvenirs: Type A and Type B. The number of Type A souvenirs, x, and the number
Maximizing Profit The Ace Novelty company produces two souvenirs: Type A and Type B. The number of Type A souvenirs, x, and the number of Type B souvenirs, y, that the company can produce weekly are related by the equation 8x+y-4=0, where x and y are measured in units of a thousand. The profits for a Type A souvenir and a Type B souvenir are $16 and $8, respectively. How many of each type of souvenirs should the company produce to maximize its profit? Type A Type B souvenirs souvenirs
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