Economics homework help
Use graphical methods to solve the linear programming problem.Maximize z = 8x + 12y subject to: 40x + 80y ? 5606x + 8y ? 72x ? 0y ? 0Maximize z 8 x 12 ysubject to : 40 x 80 y 5606 x 8 y 72x 0, y 0Equalities are40 x 80 y 560, 6 x 8 y 72Solve: x, y 8,3z 8 x 12 yz 8 8 12 3 64 36 10040 x 80 y 560If x 0 then y 7 0, 7 , z…