Using a trial and error method, the other number of accessories the company produced which yields approximately the same profit is <em>A. 1.45 million.</em>
Data and Calculations:
Price for the computer accessory = 100 - 10x^2)
Manufacturing cost = $10
Current production = 2 million
Profit generated based on 2 million accessories = $100 million dollars
= (100 - 10x^2)x - 10x
Where:
y = profit
x = number of accessories (in millions)
Using a trial and error method, replace x with 1.45 million and work out the answer. This option generates a profit of $100 million like 2 million accessories.
Question Completion:
The price that a company charged for a computer accessory is given by the equation 100-10x^2 where x is the number of accessories that are produced, in millions. It costs the company $10 to make each accessory. The company currently produces 2 million accessories and makes a profit of 100 million dollars. What other number of accessories produced yields approximately the same profit?
Answer Options:
A. 1.45 million
B. 3.45 million
C. 40 million
D. 48 million
Thus, the other number of accessories the company produced which yields approximately the same profit is <em>A. 1.45 million.</em>
Learn more about using the profit function to determine the production or sales quantity here: brainly.com/question/1456472 and brainly.com/question/25395113
The answer to this question should be True!!!!!!!!
ANSWER: (A)
EXPLANATION: Gross margin is the difference between revenue and cost of goods sold divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold. Gross Margin is often used interchangeably with Gross Profit, but the terms are different.
Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment (PV)= $2,000
Number of periods (n)= 5*12= 60 months
Interst rate (r)= ?
<u></u>
<u>Suppose an interest rate of 8% compounded monthly.</u>
<u>First, we need to determine the monthly interest rate:</u>
i= 0.08/12= 0.0067
<u>To calculate the future value after 5 years, we need to use the following formula:</u>
<u></u>
FV= PV*(1+r)^n
FV= 2,000*1.0067^60
FV= $2,985.62
