
a)
Graphically the solution set for the system of inequality.

Answer to Problem 1BMO
Solution:
The graphical solution set for the system of inequality is
Explanation of Solution
Given:
Approach:
Consider the given inequalities and to draw the graph shown below.
Figure(1)
Conclusion:
Hence, the graphical solution set for the system of inequality is shown in Figure(1).
(b)
The graphical solution set for the system of inequality.

Answer to Problem 1BMO
Solution:
The graphical solution set for the system of inequality is
.
Explanation of Solution
Given:
Approach:
Consider the given inequalities and to draw the graph shown below.
Figure(2)
Conclusion:
Hence, graphical solution set for the system of inequality is shown in Figure(2).
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Chapter 3 Solutions
Student Solutions Manual for Tan's Finite Mathematics for the Managerial, Life, and Social Sciences, 11th
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- T={(−7,1),(1,−1),(6,−8),(2,8)}. Find the inverse. Express your answer as a set of ordered pairs.arrow_forwardStarting with the finished version of Example 6.2, attached, change the decision criterion to "maximize expected utility," using an exponential utility function with risk tolerance $5,000,000. Display certainty equivalents on the tree. a. Keep doubling the risk tolerance until the company's best strategy is the same as with the EMV criterion—continue with development and then market if successful. The risk tolerance must reach $ 160,000,000 before the risk averse company acts the same as the EMV-maximizing company. b. With a risk tolerance of $320,000,000, the company views the optimal strategy as equivalent to receiving a sure $____________ , even though the EMV from the original strategy (with no risk tolerance) is $ 59,200.arrow_forwardComplete solutions need handwriting. For all only sure experts solve it correct complete solutionsarrow_forward
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