Profit = Income - cost
Profit = 10s - (28 + 3s) = 10s - 28 -3s = 7s - 28.
Profit = 0
0 = 7s - 28
7s = 28
7s = 28/7
s = 4. This is the breakeven point.
Carlota must sell more than 4 shirts to make a profit
The equilibrium point for the pair of demand and supply function is 100
We have been two linear function, one is linear supply function and other is linear demand function.
In general , linear supply function is given as:
Qs = x + yP
Where , Qs = quantity supplied
x = quantity
P = price
And linear demand function is given is :
Qd = x + yP
Where , Qs = quantity supplied
x = quantity
P = price
According to the question,
Linear supply function is q = 300 + 5x
And linear demand function is q = 4800 – 40x
To find the equilibrium point we will put two quantities equal, that is,
Qs = Qd
300 + 5x = 4800 – 40x
5x + 40x = 4800 – 300
45x = 4500
x = 100
Hence the equilibrium point is 100
Learn more about equilibrium point here : brainly.com/question/1915798
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ANSWER
$1,413.81
EXPLANATION
The compound interest formula is given by:
Where P=900 is the balance in the account, t=10 is the number of years and r=0.0462 is the rate.
We substitute the values in to the formula to get:
This simplifies to:
Therefore $1413.81 will be in the account after 10 years.
Answer:
11 Students
Step-by-step explanation:
It is hard to explain in my opinion but I can try. For the stem column you, basically factor out the first digit of the number. Then the leaf column you, put the second digit of each number in your data set.
