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creativ13 [48]
4 years ago
15

The estimated monthly sales of mona lisa paint-by-number sets is given by the formula q = 97e−3p2 + p, where q is the demand in

monthly sales and p is the retail price in hundreds of yen. (a) determine the price elasticity of demand e when the retail price is set at ¥400. e = interpret your answer. the demand is going by % per 1% increase in price at that price level. thus, a large price is advised. (b) at what price will revenue be a maximum? hundred yen (c) approximately how many paint-by-number sets will be sold per month at the price in part (b)? (round your answer to the nearest integer.) 17 paint-by-number sets per month
Business
1 answer:
erik [133]4 years ago
7 0
<span>Answer: A. E=(dq/dp)*(p/q) = (99e*p -6p^2 +p) / (99eâ’3p2 + p) = (198e -22) /( 99e -10) B. max: pq=99ep -3p^3 + p^2 . FOC: dqp/dp = 99e -9p^2 + 2p = 0. now solve this quad for p... C. plug the answer for p that solves 99e -9p^2 + 2p = 0 into q = 99eâ’3p2 + p.</span>
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This​ year, Druehl,​ Inc., will produce 57 comma 60057,600 hot water heaters at its plant in​ Delaware, in order to meet expecte
SashulF [63]

Answer:

The number of laborers employed by the plant is 120 laborers

Explanation:

According to given data Annual output = 57600 water heaters.

So the output per month = 57,600 / 12 months = 4,800 water heaters

Each labor works 160 hours per month

Suppose ,there are x number of laborers employed by the plant. So,x number of laborer will work 160x hours per month. So the labor input = 160x per month

Labor productivity = 0.25

Labor productivity = Output / Labor input

0.25 = 4800 / 160x

25/100 = 4800/160x

160x = (4800 X 100) / 25

160x = 19200

x = 19200/160

x = 120

Therefore, the number of laborers employed by the plant is 120 laborers

5 0
3 years ago
Marketers are viewing information not only as an input for making better decisions but also as​ a(n) ______________.
Allushta [10]

Marketers are viewing information not only as an input for making better decisions but also as​ a(n) ______________.

Important strategic asset and marketing tool

4 0
4 years ago
Josh runs a kayak rental company in Florida keys. his career would fall under the education and training career cluster true or
wlad13 [49]

Answer:

The answer is False

6 0
4 years ago
Read 2 more answers
What country borders the caspian sea, the persian gulf, and the gulf of oman?.
wel

Iran, is the country that borders the Caspian sea, the Persian gulf, and the gulf of Oman.

<h3>Which countries lie along the Caspian sea, the Persian gulf and the gulf of Oman?</h3>

Iran country lies in the Middle-East of the Iraq and Pakistan, that borders the Caspian sea, the Persian gulf, and the gulf of Oman.

The inland sea is connected to the Gulf of Oman from the East and the countries that lie along the Persian Gulf and the Gulf of Oman are Oman, Iraq, Kuwait, Saudi Arabia, etc.

Strait of Hormuz connects the the Persian Gulf to the Arabian Sea.

Learn more about the Persian gulf and the gulf of Oman here:-

brainly.com/question/4694666

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7 0
2 years ago
Garcia Company issues 11.0%, 15-year bonds with a par value of $440,000 and semiannual interest payments. On the issue date, the
podryga [215]

Answer:

Entries are given below

Explanation:

The entry that should be made on January 1 would be

Cash                                 501,600(w1)            Debit

Premium on bonds         61600(w2)              Credit      

Bonds payable                440000                   Credit      

<u>Working 1 </u>

Cash proceeds = $440,000/100 x $114

Cash proceeds = $501600

<u>Working 2 </u>

Premium = selling price of bond - Face value of the bond

Premium =  $501,600 - $440,000

Premium = 61600

8 0
3 years ago
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