Question

A company consists of two divisions It has a division of office supplies and a division of lawyers. For every dollar output of office supplies, it requires $.04 of office supplies and $.01 of lawyering. For every dollar of lawyering, it requires $.15 of paper supplies and $.01 of lawyering.

The company needs to meet a contract for $10,000 of office supplies and $5,000 worth of lawyering. How much of each should be produced to meet the contract? Round to the nearest $100.

Input output matrix:

Solution, with work (in matrix form):

Answer 1