Answer:
maximum income is $900
Explanation:
given data
oil change = $20
per day = 40 customer
increase = $ 2
dailer customers = 2
owner charge = $ 2
to find out
income from the business
solution
we know current income is 40 × 20
current income = $800
we consider here price increase x and income as function y
so y = (20 +2x) × ( 40 - 2x) ........1
y = −4x² + 40x + 800
take derivative and put dy/dx = 0 for maximum
dy/dx = -8x + 40
0 = -8x + 40
x=5
so here from 1
y = (20 +2x) × ( 40 - 2x)
y = (20 +2(5)) × ( 40 - 2(5))
y = 30 × 30
y = 900
so maximum income is $900
Answer:
Explanation:
Small Business Development Centers (SBDCs) provide business-related assistance and knowledge to help entrepreneurs start, run, and grow their businesses.
Answer:
False
Explanation:
Marketing is not a subset of advertising. In fact it is the opposite, advertising is the subset of marketing.
Advertising is mostly focused on acquiring customers and promoting sales. Generally, advertising is based on formulating campaigns to promote the products and increasing sales. These promotions are carefully planned out and well designed so they reach a target audience with the help of media such as radio, newspaper, television and magazines etc.
Answer: See explanation
Explanation:
Based on the information given, we should note that the bond will trade at par at $1000 after six month
The holding period return will be:
= [ P1 - P0] / P0
= [ 1000 - 896.81 ] / 896.81
= 103.19 / 896.81
= 0.1151
= 11.51%
Then, the Annualized rate will be:
= HPR at 6 Months / 6/12
= HPR × 12 / 6
= 11.51% × 12 / 6
= 11.51% × 2
= 23.01%
Annualized Rate = 23.01%
