G Suppose that a person faces a 1/50 chance of her house burning down, which is worth $300,000, a 1/100 chance of requiring a surgery that costs $80,000, and a 1/250 chance of getting involved in an auto accident that destroys her car which is worth $25,000. What is an actuarially fair price for an insurance policy that insures against all those risks

Oz makes lion food out of giraffe and gazelle meat. giraffe meat has 18 grams of protein and 36 grams of fat per pound, while gazelle meat has 36 grams of protein and 18 grams of fat per pound. a batch of lion food must contain at least "46,800" grams of protein and 70,200 grams of fat. giraffe meat costs $1/pound and gazelle meat costs $2/pound. how many pounds of each should go into each batch of lion food in order to minimize costs? hint [see example 2.]