Answer:
And we can solve for y and we got:
And using condition (1) we can solve for x and we got:
So then the minimum cost for this case would be:
Explanation:
For this case the graph attached illustrate the problem for this case
We know that the total area is 60000, so then we have:
If we solve for x we got:
(1)
Now we can define the cost function like this:
We can use the condition (1) and if we replace in the cost function we have:
Since we need to minimize the cost, we can derivate the function in terms of y and we got:
And we can solve for y and we got:
And using condition (1) we can solve for x and we got:
So then the minimum cost for this case would be:
Answer:
Explanation:
Given:
Current value, C = $60000
Assessed value, A = 30 percent of its current value
= 30% × C
Equalisation factor, E = 1.25
The tax rate is $4 per $100 of assessed valuation.
Assessed value, A = 30/100 × 60000
= $18000
Total assessed valuation = assessed value × E
= $18000 × 1.25
= $22500
Tax rate of $4/$100 × assessed valuation
Tax amount = tax rate × assessed valuation
= ($4 × $22500)/$100
= $900
Answer:
<u>Prize is $22,071.39 worth today</u>
Explanation:
Present value of Annuity = A*[(1-(1+r)^-n)/r]
A - Annuity payment = 500
r - rate per period = 6/12 = .5%
n - no. of periods = 50
Present value of Annuity = 500*[(1-(1.005)^-50)/.005]
= 500*[(1-0.77928606825)/.005]
= 500*44.14278635
= $22,071.39
The strategy that deals with product and process innovation and improvement is known as a R & D strategy.
R & D is also known as research and development, which means, they continue searching for a possible process or way to improve the current process.
Answer:
market-oriented economy is the correct answer.
Explanation:
