We are given with the variable cost which is:
q = -20s + 400
The selling price is 's'. So, the profit can be represented by:
P = qs - q(12)
Subsituting:
P = (-20s + 400)s - 12 (-20s + 400)
P = -20s^2 + 640s - 4800
To optimize this, we must differentiate the equation and equate it to zero, so:\
dP/ds = -40s + 640 = 0
Solving for s,
s = 16
So, the selling price should be $16 to optimize the yearly profit.
Answer:
D
Step-by-step explanation:
Pq=opp/hyp
(135+12)=180
Answer:
$5.40
Step-by-step explanation:
First, figure out the cost of the items with tax; for Tommy we have 20*0.08 = 1.6, add that 1.6 to the 20 and his purchase is $21.6, for John we have 25*0.08 = 2, add 2 to his 25 and his purchase is $27. To find the difference we subtract 27-21.6 = 5.4 or $5.40
Answer:
linear I think so ................
9 4/5 as a decimal is 9.8