Question: Angel Consulting is considering 8 projects. Each project has a cost and an associated return. The budget at Angel is $550. Angel would like to
Angel Consulting is considering 8 projects. Each project has a cost and an associated return. The budget at Angel is $550. Angel would like to choose the projects that maximize return Project 1 2 3 4 5 6 7 8 Cost $130 $100 $140 $180 $225 $190 $165 $185 Return $205 $225 $265 $285 $325 $325 $350 $375 (Download Angel Consulting workbook) Which of the following statements are true for Angel's project choice problem if the budget is increased by $10? The optimal solution uses the entire budget. The optimal solution for Angel includes project 4. All the answers (except "None") are correct. None of the answers are correct. The optimal solution for Angel includes the project with second highest return. The optimal solution includes four projects
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