Answer:
8493
Step-by-step explanation:
Answer:
$14
Step-by-step explanation:
The revenue from sales of fans is the product of the number of fans sold and the price at which they are sold:
R(p) = n·p = (1960-70p)p
R(p) = 70(28 -p)p
This equation describes a parabola that opens downward and has zeros at p=0 and p=28. The axis of symmetry is halfway between those zeros, at p=14. It goes through the vertex or point of maximum revenue.
The price for maximum revenue is p = 14 dollars.
Answer:
16+5p
Step-by-step explanation:
Answer:
FV(p)= PV*(1 + g)^t
Step-by-step explanation:
Giving the following information:
Number of insects (PV)= 1,500
Increase rate= 3 weekly
<u>First, we need to calculate the daily growth rate:</u>
Daily rate (g)= [3^(1/7)] - 1
Daily rate (g)= 0.16993
<u>Now, by using the following formula, we can determine the population p in any given day t:</u>
FV(p)= PV*(1 + g)^t
<u>For, example after 7 days:</u>
FV(p)= 1,500*(1.16993^7)
FV(p)= 4,500
<u>For example, after 10 days:</u>
FV(p)= 1,500*(1.16993^10)
FV(p)= 7,206