Cathie

Archimedes inventions

LRF Corporation purchased a patent for $450,000 on September 1, 2006. It had a useful life of 10 years. On January 1, 2008, LRF spent $110,000 to successfully defend the patent in a lawsuit. LRF feels that as of that date, the remaining useful life is 5 y...

2x + y < 300 x + y < 200 x > 0, y > 0 maximum for P = x + 2y