He bought a boat for 24000 in the year 2009. The value of the boat depreciated linearly. If the value of the boat in 2010 was 18
1 answer:
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Answer:
63 units
Step-by-step explanation:
The profit function P(x) is given by the revenue function minus the cost function:
The number of units sold 'x' for which the derivate of the profit function is zero, is the number of units that maximizes profit:
The number of units that should be manufactured so that profit is maximum is 63 units.
Answer:
30.31%
Step-by-step explanation:
Mark up on selling price is given by markup*100%/selling price
In this case, markup is given as $870 while the selling price is $2870 hence the percentage of narkup to selling price will be given by
Therefore, the percentage of markup to selling price is approximately 30.31%