Solve the problem.A company manufactures two products. For $1.00 worth of product A, the company spends $0.40 on materials, $0.25 on labor, and $0.10 on overhead. For $1.00 worth of product B, the company spends $0.50 on materials, $0.20 on labor, and $0.10 on overhead. Let a = 
and b = 
.Then a and b represent the "costs per dollar of income" for the two products.Evaluate 100a + 400b and give an economic interpretation of the result.
What will be an ideal response?
100a + 400b = 
100a + 400b lists the various costs for producing $100 worth of product A and $400 worth of product B, namely $240 for materials, $105 for labor, and $50 for overhead.
You might also like to view...
Use natural logarithms to solve the exponential equation. If necessary, round to the nearest thousandth.7e5x+4 = 6
A. -1.881 B. -1.819 C. 0.219 D. -0.831
Multiply or divide. Simplify, if possible. Assume all variables and radicands represent nonnegative real numbers.
A. 2
B. 
C. 5
D. 5
Find the root. Use absolute value bars when necessary.
A. 
B. -7
C. (-7)7
D. 7
Find a set of parametric equations for the given Cartesian equation.y = 3x2 + 6
A. x = t; y = 3t2 + 6; 0 ? t < ?
B. x = t2; y = 3t + 6; 0 ? t < ?
C. y = t; x = 3t2 + 6; 0 ? t < ?
D. x = 
; y = 3t + 6; t ? 0