Answer:
The total revenue equation is TR=50Q
The total cost equation TC=2304+14Q
Equilibrium quantity is 64
Step-by-step explanation:
The total cost function can be written TC=a+bQ, where TC is the total cost ,a fixed cost ,b is the variable cost per unit and Q the quantity produced
Revenue function can be given TR=P*Q, where TR is total revenue,P is the price per unit and Q quantity sold
since P is $50
TR=50P
when TC=$3564,
3564=a+90Q equation 1
when TC=$5944
5944=a+260bequation 2
Solving simultaneously,we subtract equation 1 from 2
5944=a+260b
3564=a+90b
2380=170b
b=2380/170
b=$14
We substitute for b in any of the equations
3564=a+(14*90)
3564=a+1260
a=3564-1260
a=2304
Hence the total cost equation is
TC=2304+14Q
At equilibrium TC =TR
50P=2304+14Q
50P-14Q=2304
36Q=2304
Q=64
D cause +2 means shift left and +3 means shift up
B i got u u got any more i can help you
Answer:
65.8 ft
Step-by-step explanation:
The number of strings required to tie each vertex to the other three will be ...
(4)(3)/2 = 6
Those strings will be perimeter strings plus two diagonal strings. The lengths of the perimeter strings are given as 12 ft and 7 ft. The lengths of the diagonal strings can be found using the Pythagorean theorem.
d² = 12² +7² = 144 +49 = 193
d = √193 ≈ 13.892
Then the total length of all strings is ...
L = 2(12.0 +7.0 +13.9) = 65.8 . . . . feet
The artist will need 65.8 feet of string.
