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Answer:
His sales that week were $2,160.
Step-by-step explanation:
First, you have to subtract $324 from the amount he earned that week, to find the 5% he got from sales:
$432-$324=$108
Now, you know that he received $108 that represent 5% of his sales and you can use a rule of three to find the amount that represents 100% which would be his sales that week:
5% → 108
100% → x
x=(100*108)/5=2160
According to this, the answer is that his sales that week were $2,160.
R(t) = 4t
A(r) = π(r^2)
a) A(t) = A[r(t)] = π[r(t)]^2 = π[4t]^2 = 16π(t^2)
b) t = 4,
A(4) = 16*3.14*(16)^2 = 12,861.44
This suggests that he buys products with higher prices than other similar products. But this type of market(monopolistic competition) is great though, because there are lesser suppliers than in the pure competition where products are almost within the same price ranges. In a monopolistic competition, suppliers sell their products with a justifiable high price. This is also an advantage for the buyers, they would be able to consume and be satisfied with products of high quality.
Answer:
14.00
Step-by-step explanation:
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