Answer to Question #171823 in Microeconomics for Boni

Question

Liquid portion of a diet is to provide at least 300 calories, 36 units of vitamin A and 90 units of vitamin C daily. In an environment with very hot conditions, a cup of dietary X provides 60 calories, 12 units of vitamin A and 10 units of vitamin C. A cup of dietary Y provides 60 calories, 6 units of vitamin A and 30 units of vitamin. Suppose that dietary drink X costs R0.12 per cup and drink Y costs R0.15 per cup.

 

What is the objective function?

Answer 1

objective function =Minimize cost: z = 0.12x + 0.15y