Answer:
D. Interpretation: The zeros are where the daily profit is $0.00
zeros: x = 3.586 and x = 6.414
Explanation:
We have been given the following daily profit function;
where y is the profit (in hundreds of dollars) of a taco food truck
and x the price of a taco (in dollars)
The zeros of this profit function can be obtained by solving for x in the following equation;
These will simply be the x-intercepts of the profit function. That is the points where the profit function crosses or intersects the x-axis.
Therefore, an interpretation of the zeros of this function would be;
The zeros are where the daily profit is $0.00
These zeros can be evaluated graphically. We first obtain the graph of the profit function as shown in the attachment below;
We then determine the x values where the graph crosses the x-axis. These values will represent the zeros of our profit function. From the graph, these points are;
x = 3.586 and x = 6.414
Answer:
The answer is false
Explanation:
Base on the scenario been described in the question, comparing the two firm and saying there will not reach into a conclusion to which firm is better manage is false, this is because the difference in debt is a result of better management, and this could be the cause of Firm A's higher profit margin. So the claim was false
Answer:
B) Demand is price elastic
Explanation:
Elasticity of demand is the degree of responsiveness of demand to a change in price. It measures how much is effected on quantity demaned as a result of a unit change in price.
It is calculated as % change in quantity demanded by % change in price.
PED = % change in Quantity demanded/ % change in price
IF PED is greater than 1, demand is price elasitic
If IF PED is less than 1, demand is price inelasitic
If IF PED is equal to one, it is unitary
If the % change in price produces a more than proportional change in demand , PED is elastic.
In this question , a 10% increase in price as a result of tax produces 12% fall in demand, so PED = 12%/10%= 1.2.
PED is greater 1, Therefore, demand is price elastic
answer well they provide depth information when viewing a scene with both eyes.
i don't know how else to explain it
Answer:
E) In general, the higher the expected return, the higher the risk.
Explanation:
In order to attract potential investors, investments that bear a higher risk must offer a higher expected return. This is known as the risk-return tradeoff principle. Abiding by that same logic, investments with lower associated risk tend to offer lower expected returns since they are a "safe bet".
Therefore, the answer is E) In general, the higher the expected return, the higher the risk.
