Cereal type 1 sells for $1.50/kg. it should contain at least 22% protein, 2% of minerals and vitamins, and at most 30% of starch by weight. cereal type 2 sells for $1.00/kg. it should contain at least 30% starch by weight. what is the optimal product mix for the company?

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value