Answer:
see image...
the (x-h) shifts the curve left right (east west)
and the +k at the end shifts it up/down (north/south)
Step-by-step explanation:
Answer:c
Step-by-step explanation:
Profit maximization happens with marginal revenue is equal to marginal cost, so if Grant's assumption was right before selling the extra unit, when he actually sells the extra unit, this will increase his revenue
That's why the answer is c
Marginal revenue will exceed marginal cost
Answer:
212 children, and 265 adults
Step-by-step explanation:
To find the number of children and adults, we can set up a systems of equations.
x= number of children
y= number of adults
Equation 1: Price
1.50x+2.25y=914.25
Equation 2: Total number of people
x+y=477
Now, let's solve the equation using substitution.
Rearrange the second equation to solve for one variable.
x+y=477
x=477-y
Now plug x equals into the first equation, and solve for y.
1.50x+2.25y=914.25
1.50(477-y)+2.25y=914.25
715.5-1.50y+2.25y=914.25
715.5+0.75y=914.25
0.75y=198.75
y=265
We just solved for the number of adults. Now let's plug y equals into the second equation to find the number of children.
x+y=477
x+265=477
x=212
Answer: The answer I got was A) 2.5
Step-by-step explanation:
Hope this Helps!!!