Answer: a) c(x) = 0.124x + 1.1, b) 13 units
Step-by-step explanation: Revenue function = R(x) = 0.21x
Profit function = p(x) = 0.086 - 1.1
Cost function = c(x) =?
A)
Recall that profit = total revenue - total cost
Hence, total cost = total revenue - profit
c(x) = 0.21x - (0.086x - 1.1)
c(x) = 0.21x - 0.086x + 1.1
c(x) = 0.124x + 1.1
B)
Break even point is the point where total revenue equals total cost
R(x) = c(x)
0.21x = 0.124x + 1.1
0.21x - 0.124x = 1.1
0.086x = 1.1
x = 1.1/0.086
x = 12.79 which is approximately 13 units
Answer:
c = 53 miles
Step-by-step explanation:
The answer to this question would be: <span>The new survey’s margin of error will be between 50% and 100% the size of the original survey’s margin of error.
A bigger sample will result in a narrower margin of error which is a good thing because your data will become more accurate. But twice size will not improve the margin into the half. It definitely became lower than 100% though
</span>
Answer:
125%
Step-by-step explanation:
so you are increasing by $10, and $10 is 25% of $40, so the percent change is 125%
