A local farm sells organic fruit baskets at a weekend market. The number of small and large baskets sold on Saturday and Sunday is represented by matrix , where row 1 represents Saturday, row 2 represents Sunday, column 1 represents small baskets, and column 2 represents large baskets:
The selling price and the production cost, in dollars, for each type of basket are represented by matrix , where row 1 represents small baskets, row 2 represents large baskets, column 1 represents the selling price, and column 2 represents the production cost:
The product matrix represents the total revenue and total production cost for each day. Which of the following matrices represents ?
- Answer
- B
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- D
- E
Answer
The correct product matrix is obtained by performing matrix multiplication . Multiplying the first row of by the first column of yields the Saturday revenue: . Multiplying the first row of by the second column of yields the Saturday cost: . Repeating this for the second row of (Sunday) yields the Sunday revenue of and Sunday cost of . Thus, the resulting matrix is the one with row 1 equal to and row 2 equal to .
Step-by-Step Solution
Key Concept
Matrix Multiplication in Applied Word Problems
Estimated Time:1m 30s