The optimal smoothie prices subject to the price constraint were found to be: r=$5.16 and n = $6.42 Additionally, we kno

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The Optimal Smoothie Prices Subject To The Price Constraint Were Found To Be R 5 16 And N 6 42 Additionally We Kno 1 (285.44 KiB) Viewed 25 times

The optimal smoothie prices subject to the price constraint were found to be: r=$5.16 and n = $6.42 Additionally, we know that i = 340.253 and P= $389.208 hundred at the constrained optimal point. This solution will be needed in the next 2 questions, Question 3 2 pts The table below shows the optimal point and the r-values of two nearby points. Complete the table by providing the values of m and P for each close point. Round as instructed in the table. Do NOT include units. Tip: Make sure your points are on the constraint! m (2 decimal places) P13 decimal places) Close Point 1 5.00 Optimal Point 5.16 6.42 389.208 Close Point 2 5.40 Question 4 2 pts a) Classify the optimal point from the table in the previous question. Select b) Suppose that the weighted price constraint was changed from gér,no) = fram=5 dollars to glr,m)=5r+şm=5.S dollars. Use A to estimate how this small change in the constraint would affect the optimal profit. Decreasing the price constraint by 0.5 dollars, wou ✓ Select] increase the optimal profit by about 170.1265 hundred dollars. decrease the optimal profit by about 170.1265 hundred dollars. decrease the optimal profit by about 340.253 hundred dollars. increase the optimal profit by about 340.253 hundred dollars.