A company is considering two insurance plans with the following types of coverage and premiums:

Plan APlan B
Fire/Theft$$
Liability$$
Monthly Premium$$

Premiums are sold in units. For example, one can buy one unit of plan A insurance for per month and receive in Theft/Fire insurance. Two units of plan A insurance cost per month and give in Theft/Fire insurance. The company wants at least in coverage for Theft/Fire insurance and in coverage for liability insurance.

How many units of each plan should be purchased to meet the needs of the company while minimizing cost?
The company should purchase units of plan A and units of plan B.

What is the minimum monthly premium for the company? (Note: your answer is a dollar amount and should include a dollar symbol).

You can earn partial credit on this problem.