C(x) = 80000 + 100x is the total cost as function of number of cycles produced
C(90) = 89000 and it costs $ 89000 to produce 90 bicycles
<em><u>Solution:</u></em>
Given that, company that manufactures bicycles has a fixed cost of $80,000
Fixed cost = $ 80,000
Let x be the number of cycles produced
Let C(x) be the total cost as function of number of cycles produced
It costs $100 to produce each bicycle
Variable cost = 100 x number of cycles produced
variable cost = 100x
The total cost for the company is the sum of its fixed cost and variable costs
total cost = fixed cost + variable cost
C(x) = 80000 + 100x
Thus total cost as function of "x" is found
<em><u>Find and interpret C(90)</u></em>
Substitute x = 90 in C(x)
C(90) = 80000 + 100(90)
C(90) = 80000 + 9000
C(90) = 89000
Thus it costs $ 89000 to produce 90 bicycles
Answer:
a)0.7
b) 10.03
c) 0.0801
Step-by-step explanation:
Rate of return Probability
9.5 0.1
9.8 0.2
10 0.3
10.2 0.3
10.6 0.1
a.
P(Rate of return is at least 10%)=P(R=10)+P(R=10.2)+P(R=10.6)
P(Rate of return is at least 10%)=0.3+0.3+0.1
P(Rate of return is at least 10%)=0.7
b)
Expected rate of return=E(x)=sum(x*p(x))
Rate of return(x) Probability(p(x)) x*p(x)
9.5 0.1 0.95
9.8 0.2 1.96
10 0.3 3
10.2 0.3 3.06
10.6 0.1 1.06
Expected rate of return=E(x)=sum(x*p(x))
Expected rate of return=0.95+1.96+3+3.06+1.06=10.03
c)
variance of the rate of return=V(x)=![sum(x^2p(x))-[sum(x*p(x))]^2](https://tex.z-dn.net/?f=sum%28x%5E2p%28x%29%29-%5Bsum%28x%2Ap%28x%29%29%5D%5E2)
Rate of return(x) Probability(p(x)) x*p(x) x²*p(x)
9.5 0.1 0.95 9.025
9.8 0.2 1.96 19.208
10 0.3 3 30
10.2 0.3 3.06 31.212
10.6 0.1 1.06 11.236
sum[x²*p(x)]=9.025+19.208+30+31.212+11.236=100.681
variance of the rate of return=V(x)=sum(x²*p(x))-[sum(x*p(x))]²
variance of the rate of return=V(x)=100.681-(10.03)²
variance of the rate of return=V(x)=100.681-100.6009
variance of the rate of return=V(x)=0.0801
Answer: B. (-2, -1)
Step-by-step explanation:
(-2, -1) has a y-coordinate (-1) closer to 0 than the rest of the y-coordinates. And 0 would be turning point in this equation.
The answer would be 7.04^3
Answer:
Step-by-step explanation: