Business, 30.10.2020 16:50, priceisright11401

Premiums are sold in units. For example, one can buy one unit of plan A insurance for $75.00 per month and receive $27,000.00 in Theft/Fire insurance. Two units of plan A insurance cost $150.00 per month and give $54,000.00 in Theft/Fire insurance. The company wants at least $644,000.00 in coverage for Theft/Fire insurance and $3,664,000.00 in coverage for liability insurance. How many units of each plan should be purchased to meet the needs of the company while minimizing cost

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Premiums are sold in units. For example, one can buy one unit of plan A insurance for $75.00 per mon...