2008 AMC 12B Problem 3

Attempt Problem 3 of the 2008 AMC 12B below, then check your answer against the professionally curated solution from LIVE by Po-Shen Loh. You can also try the full timed exam, view all 2008 AMC 12B solutions, or check the answer key.

All problems are used with official legal permission of the Mathematical Association of America (MAA).

3.

A semipro baseball league has teams with 2121 players each. League rules state that a player must be paid at least $15,000,\$15{,}000, and that the total of all players’ salaries for each team cannot exceed $700,000.\$700{,}000. What is the maximum possible salary, in dollars, for a single player?
270,000270{,}000
385,000385{,}000
400,000400{,}000
430,000430{,}000
700,000700{,}000
Answer: C
Concepts:optimizationextremal argument
Small hint:
To make one salary as large as possible, pay the other 2020 players the minimum allowed
Big hint:
The maximum is $700,000\$700{,}000 minus the total of 2020 minimum salaries
Solution:
One player earns the most when the other 2020 players each receive the minimum salary of $15,000.\$15{,}000.
Thus the maximum salary is $700,000\$700{,}000 −20⋅$15,000- 20 \cdot \$15{,}000 =$700,000= \$700{,}000 −$300,000- \$300{,}000 =$400,000.= \$400{,}000.
Thus, the correct answer is C.
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