y=3/2x + 7/2. This should be your answer. If you need to work let me know! Glade I could help!
Answer:
a) p(x)=-0.0006x +21.6
b) $10.80
Step-by-step explanation:
a) Assuming that p(x) is linear, the slope can be found by:
Applying the point (21000; $9) to the general linear equation gives us the demand function:
b) Revenue is given by the number of tickets sold multiplied by the price, the revenue function is:
The value of x for which the revenue function's derivate is zero is the number of spectators that yield the maximum revenue:
At x = 18,000, tickets price are:
To find the rate of commission, divide the amount of commission by his total sales:
2704.94 / 38642.00 = 0.07 = 7%
The answer is D. 7%
Answer:
Step-by-step explanation:
24 ounce bag
A=30,000(1+.07/1)^8*1
Final amount = Principal(1+rate/times compounded in a year)^years to grow*times compounded in a year
Answer = 51,545.59