Answer:
Step-by-step explanation:
First, the profit formula:
PROFIT= TOTAL REVENUE - TOTAL COST
Next, note the points:
- Without Advertisement, Q = 6,000 where Q is quantity supplied
- A formula that gives the total profit P in dollars must take into account that 100cents = 1dollar
- Here, only a dollar is spent on advertisement, hence, Q = 6005
- Advertising expenses have been accounted for and [P = 9cents × Q] where Q is quantity sold.
- 9 cents = 0.09 dollars
TOTAL PROFIT FORMULA = 0.09Q - 500
Yu can you think how many triangles fit in that parallelogram? The answer is six. four in the central rectangle and two at the ends, then the area of the parallelogram will be six times greater than that of the triangle in that graph. Good luck! M.