1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alika [10]
3 years ago
6

Assume that the demand for tuna in a small coastal town is given by p = 400,000 q1.5 , where q is the number of pounds of tuna t

hat can be sold in a month at p dollars per pound. Assume that the town's fishery wishes to sell at least 5,000 pounds of tuna per month. (a) How much should the town's fishery charge for tuna to maximize monthly revenue? HINT [See Example 3, and don't neglect endpoints.] (Round your answer to the nearest cent.) p = $ per lb (b) How much tuna will it sell per month at that price? q = lb (c) What will be its resulting revenue? (Round your answer to the nearest dollar.) $ per month
Business
1 answer:
oee [108]3 years ago
3 0

Answer:

(a) p = $ per lb

p = $2.12 per lb

(b) q = lb (c)

q = $23320

Explanation:

p=750000/q^1.5=>

p'=-1125000q^(-2.5)<0 always

=>p is decreasing with the  

increasing of q. So q should take

the allowable least value=5000.

=>

(a) the charge=  750000/(5000)^1.5=  $2.12/lb

(b)The max. revenue=

q = lb (c) = 2.12(5000)=  $23320

You might be interested in
What are 3 benefits of adding non-QuickBooks Online clients to your Client List in QuickBooks Online Accountant
kipiarov [429]

Answer:

The answer is below

Explanation:

There are quite some benefits of adding non-QuickBooks Online clients to your Client List in QuickBooks Online Accountant, in which three amongst them are:

1. It gives the opportunity to keep all the clients' data, including documents in a specific place together

2. It gives the user a chance to easily transfer to clients, the saved documents in QuickBooks Online Accountant

3. A user can easily create projects and tasks for non-QuickBooks Online clients in the work tab in order to meet some crucial clients deadlines.

3 0
3 years ago
The amount of the outstanding checks is included on the bank reconciliation as a(n) deduction from the balance per company's rec
Sphinxa [80]

Answer:

D) deduction from the balance per bank statement

Explanation:

A bank reconciliation statement is a document that matches the cash balance on a company’s balance sheet to the corresponding amount on its bank statement. Reconciling the two accounts helps determine if accounting changes are needed. Bank reconciliations are completed at regular intervals to ensure that the company’s cash records are correct. They also help detect fraud and any cash manipulations.

7 0
3 years ago
A firm is practicing __ if it is able to make a profit without depleting any of its resources, including employees, natural reso
iris [78.8K]

A firm is practicing sustainability if it is able to make a profit without depleting any of its resources, including employees, natural resources, and the support of the surrounding community.

The main objective of sustainability is for people to live in peace and harmony on Earth for an extended period of time.

Since it is difficult to come to a consensus on specific definitions of sustainability, they change over time and in the literature.

This idea can be applied to inform choices made at the international, governmental, and personal levels.

The environmental implications of sustainability are frequently highlighted in the common usage of the term.

Since about 2000, climate change, biodiversity loss, ecosystem services loss, land degradation, and air and water pollution have been the most significant environmental challenges.

At this point, humanity has crossed multiple "planetary limits".Sustainable development is a topic that is related.

Learn more about sustainability here

brainly.com/question/13353436

#SPJ4

8 0
1 year ago
A seller listed a home for $200,000 and agreed to pay a commission rate of 5%. The MLS stated that the commission would be share
earnstyle [38]

Answer:

The selling sales associate received $2,700

Explanation:

The final number was 180 thousand dollars. Then the MLS chared 5% of the total sale. Thus, 9 thousand dollars is the commission. Now, the commission was divided again and the sales associate received 50% of the listing office's commission. So those 9000 are divided in 2 and we get 4500 which then are divided and the selling sales associate receives the 60% of that amount or 2700 dollars.

4 0
3 years ago
Which 3 data points can be imported into the app transactions tab in quickbooks online?.
Dmitry [639]

Answer: Description, Date, and Amount. 

5 0
2 years ago
Other questions:
  • A(n) _______ is an arrangement in which a third party promises to be secondarily liable for the payment of another's debt.
    15·1 answer
  • The following information is available for the first month of operations of Lane Inc., a manufacturer of mechanical pencils:
    8·1 answer
  • Which statement about journal entries in QuickBooks Online is true?
    7·1 answer
  • At the beginning of the year, Custom Mfg. established its predetermined overhead rate by using the following cost predictions: o
    6·1 answer
  • Your colleague Jana wants to add contextual marketing to your organization's homepage. She wants to target your company's top bu
    6·1 answer
  • Which of the following scenarios best describes differentiation? Multiple Choice
    7·1 answer
  • Characteristics of budgets include: (Check all that apply.) Multiple select question. a focus on the past. typically span a mont
    12·1 answer
  • The three steps which will create triangular arbitrage profit are as follows: first step, convert ____; second step, convert ___
    10·1 answer
  • What is a special event that is for people outside a company, such as customers, potential customers, and the
    11·1 answer
  • A company's plan for the acquisition of long-lived assets, such as buildings and equipment, is commonly called a:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!