Can someone solve this, you don’t have to type an explanation, thank you.
2 answers:
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Answer:
The correct answer is NO. The best price to be charged is $3.75
Step-by-step explanation:
Demand equation is given by Q = 30 - 4P, where Q is the quantity of necklaces demanded and P is the price of the necklace.
⇒ 4P = 30 - Q
⇒ P =
The current price of the necklace $10.
Revenue function is given by R = P × Q = × ( 30Q -
)
To maximize the revenue function we differentiate the function with respect to Q and equate it to zero.
=
× ( 30 - 2Q) = 0
⇒ Q = 15.
The second order derivative is negative showing that the value of Q is maximum.
Therefore P at Q = 15 is $3.75.
Thus to maximize revenue the price should be $3.75.
Answer:
A
B
C
Step-by-step explanation:
Well the sides of the smaller squares have to be greater than the biggest when put together.
a + b > c
So we need to find the square root of 55.
≅ <u>7.4</u>
<u />
Now for option A)
srt ⇒ 12 ≅3.5
srt ⇒ 43 ≅ 6.6
3.5 + 6.6 = <u>10.1</u>
So option A is correct.
Option B)
srt ⇒ 14 ≅ 3.7
srt ⇒ 40 ≅ 6.3
3.7 + 6.3 = <u>10</u>
So option B is also correct.
Option C)
srt ⇒ 16 = 4
srt ⇒ 37 ≅ 6.1
4 + 6.1 = <u>10.1</u>
So option C is also correct.
<em>Therefore,</em>
<em>all options are correct.</em>
<em />
<em>Hope this helps :)</em>