Suppose you are the director of a homeless shelter and that your organization has $1,000 to spend on soup for each month of the coming year. Recently your supplier of soup has approached the shelter’s administration with two promotional offers. The first involves a fifty percent increase in the quantity of soup, with no increase in price. The second offer entails a one-third discount in price. If your primary objective is to maximize the amount of soup available, which offer do you prefer? Justify your answer.

Answer rating: 100% (QA)

If my primary objective is to maximize the amount of soup available the... View the full answer