X = k/p^3
125 = k/10^3 = k/1000
1000 x 125 = k
k = 125000
x = 125000/p^3
The profit is given by G = px - (125 + 2x) = p(125000/p^3) - 125 - 2(125000/p^3) = 125000/p^2 - 250000/p^3 - 125
For maximum profit:
dG/dp = 0
dG/dp = -250000/p^3 + 750000/p^4 = 0
750000 - 250000p = 0
p = 750000/250000 = 3
Therefore the price that will yeaild maximum profit is $3.
Hey Jinx :)
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Note that a decay has a rate between 0 and 1, and a growth as a rate of 1 or higher.
y = 1/2(1 + 0.03)^t → y = 1/2(1.03)^t (Rate is more then 0) GROWTH
y = 0.3(0.95)^t → (Rate is between 0 and 1) DECAY
y = ((1+0.03)^1/2)^2t → y = y = 1.014^2t (Rate is more then 0) GROWTH
y = 200(0.73)^t → (Rate is between 0 and 1) DECAY
y = 4(1/4)^t → (Rate is between 0 and 1) DECAY
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Hope This Helped! Good Luck!
Let Kamil get x. Therefore Sean would get (x + 56).
Kamil and Sean are in the ratio: 3:5
That means: x : (x + 56) = 3 : 5
x / (x + 56) = 3/5
5*x = 3*(x + 56)
5x = 3*x + 3*56
5x = 3x + 168
5x - 3x = 168
2x = 168
x = 168 / 2
x = 84
Therefore Kamil had, x = 84, and Sean had (x + 56) = 84 + 56 = 140
Kamil had $84 and Sean had $140
1000+9 x 100 + 9 x 10 + 3 x 1 or 1000 + 900+ 90 + 3
