Answer:
4.4
Step-by-step explanation:
Answer:
3/8 chocolate chips
Step-by-step explanation:
1/2 needs to have the same denominator as 7/8
2 * 4 = 8 (denominator) but what you do for the denominator has to apply for the numerator.
1 * 4 = 4 (numerator)
so now you successfully converted 1/2 to 4/8.
Now you solve, total - items you have = how much you need
7/8 - 4/8 = 3/8
Answer:
Cost function C(x) == FC + VC*Q
Revenue function R(x) = Px * Q
Profit function P(x) =(Px * Q)-(FC + VC*Q)
P(12000) = -38000 Loss
P(23000) = 28000 profit
Step-by-step explanation:
Total Cost is Fixed cost plus Variable cost multiplied by the produce quantity.
(a)Cost function
C(x) = FC + vc*Q
Where
FC=Fixed cost
VC=Variable cost
Q=produce quantity
(b)
Revenue function
R(x) = Px * Q
Where
Px= Sales Price
Q=produce quantity
(c) Profit function
Profit = Revenue- Total cost
P(x) =(Px * Q)-(FC + vc*Q)
(d) We have to replace in the profit function
<u>at 12,000 units </u>
P(12000) =($20 * 12,000)-($110,000 + $14*12,000)
P(12000) = -38000
<u>at 23,000 units </u>
P(x) =($20 * 23,000)-($110,000 + $14*23,000)
P(23000) = 28000
As a fraction: 287/100
As a mixed number: 2 87/100
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Remember, "%" means exactly the same thing as "/100".
