Question: provide solution for ( a ) Suppose that instead of $ 1 0 0 , each sapphire costs $ 1 2 0 . Would Zales

provide solution for
(a) Suppose that instead of $100, each sapphire costs $120. Would Zales still purchase sapphires? If yes,what would be the new optimal profit? If no, write NO.
Answer: $
(b) What is the most that Zales would be willing to pay for another sapphire on top of the regular price? (i.e., what's ruby's shadow price?)
Answer: $
(c) What is the most that Zales would be willing to pay for another ruby?
Answer: $
(d) Suppose that Zales were only required to produce at least 23 Type 2 rings. What would Zales' profit now be?
Answer: $
(e) Zales is considering selling a new jewelry set consisting of 4 sapphires and 2 rubies. What should be the minimum selling price on this set for this to make sense?
Answer:

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