Answer:
Allen sold 50 cell phones while Kay sold 67 cell phones.
Step-by-step explanation:
Let the number of cell phones sold by Allen be x. This will imply that the number of cell phones sold by Kay is x + 17.
Furthermore, we are informed that together they sold a total of 117 cell phones. Therefore, we use the following equation to determine the number of cell phones sold by each;
x + x + 17 = 117
2x + 17 = 117
2x = 100
x = 50
Therefore, Allen sold 50 cell phones while Kay sold 67 cell phones.
First you have to know, that the price the agent found is 70% of $2075
(100%-30%=70%)
70%=0,7
$2075 * 0,7 = $1452,5
So 70% 0f $2075 is 1452,5
The price the agant found is $1452,5.
Answer: hello your question lacks some data hence I will be making an assumption to help resolve the problem within the scope of the question
answer:
≈ 95 units ( output level )
Step-by-step explanation:
Given data :
P = 2000 - Q/10
TC = 2Q^2 + 10Q + 200 ( assumed value )
<u>The output level where a purely monopolistic market will maximize profit</u>
<u>at MR = MC </u>
P = 2000 - Q/10 ------ ( 1 )
PQ = 2000Q - Q^2 / 10 ( aka TR )
MR = d (TR ) / dQ = 2000 - 2Q/10 = 2000 - Q/5
TC = 2Q^2 + 10Q + 200 ---- ( 2 )
MC = d (TC) / dQ = 4Q + 10
equating MR = MC
2000 - Q/5 = 4Q + 10
2000 - 10 = 4Q + Q/5
1990 = 20Q + Q
∴ Q = 1990 / 21 = 94.76 ≈ 95 units ( output level )
Answer: 2/25
Step-by-step explanation:
8% means 8/100
To reduce to the simplest fraction, divide through with a common factor of 4
Divide numerator by 4 = 2
Divide denominator by 4 = 25
Therefore, 8% = 2/25
I hope this helps.
