Problem

In Exercises, determine the solution by setting up and solving the matrix equation.Floral...

In Exercises, determine the solution by setting up and solving the matrix equation.

Floral Costs A florist purchases her flowers from an online flower wholesaler. White daisies are $3.38 per bunch, football mums are $7.40 per bunch, and super blue purple statice is $4.25 per bunch. (Source: www.FlowerSales.com.) From these flowers she will make three types of jumbo bouquets:

Type I

Type 2

Type 3

Daisies

2 bunches

3 bunches

2 bunches

Mums

1 bunch

2 bunches

2 bunches

Statice

1 bunch

None

1 bunch

What is her flower cost for each type of bouquet? How much should she charge for each bouquet if her markup is 50 percent of her flower cost?

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