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A mutual fund manager must decide how much money to invest in Atlantic Oil (A) and how much to invest in Pacific Oil (P). At least 60% of the money invested in the two oil companies must be in Pacific Oil. A correct modeling of this constraint is

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Answer:


(P)/(A+P)\geqslant 0.6

Explanation:

Amount of money to invest in Atlantic Oil= A

Amount of money to invest in Pacific Oil = P

Total money invested in the two oil companies = A+P

Since at least 60% of the money invested in the two oil companies must be in Pacific Oil


(P)/(A+P) * 100\geqslant 60


\Rightarrow (P)/(A+P) \geqslant (60)/(100)


\Rightarrow
(P)/(A+P)\geqslant 0.6

Hence the required model is
(P)/(A+P)\geqslant 0.6

User Fahad Rauf
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