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    Graphically analyze the following

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    Graphically analyze the following:

    Maximize profit = $4X + $6Y
    X + 2Y < 8 hours
    6X + 4Y < 24 hours

    a. What is the optimal solution?
    b. If the first constraint is altered to X + 3Y < 8 does the feasible region or optimal solution change?

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    https://brainmass.com/economics/principles-of-mathematical-economics/graphically-analyze-following-291856

    Solution Preview

    Graphically analyze the following:

    Maximize profit = $4X + $6Y
    X + 2Y < 8 hours
    6X + 4Y < 24 hours

    a. What is the optimal solution?
    b. If the first constraint is altered to ...

    Solution Summary

    The expert graphically analyzes profit margins. A complete, neat and step-by-step solution is provided in the attached file.

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