A.) When p = $33, q = (343 - 33)^2/100 = 961 units.
q'(p) = -(343 - p) / 50
q'(33) = -(343 - 33)/50 = -6.2
Price elasticity of demand = price / quantity * q'(p) = 33/961 * -6.2 = -0.2129
b.) Revenue = quantity * price = p(343 - p)^2/100
For maximum revenue, dR/dp = 0
-2p(343 - p)/100 + (343 - p)^2/100 = 0
-686p + 2p^2 + 117649 - 686p + p^2 = 0
3p^2 - 1372p + 117649 = 0
p = 343 or p = 114.33
For maximum revenue, he should sell for $114.33
c.) Maximum Revenue = 114.33(343 - 114.33)^2 / 100 = $59,783
Answer:
-9
Step-by-step explanation:
-10 - (-1) = -9
Answer:
1A: 12
Step-by-step explanation:
2A: 16
3A: 21.333
4A: 13
5A: 14
1B: 15
2B: 12
3B:29
4B: 11
5B: 24
I am not sure but answer can be 1,5 or 96 and ir Can be wrong but ı am trying to help you
Answer:
64°
Step-by-step explanation:
Check the attachment for the diagram. Since the triangle has one of its angle as 90°, it is a right angled triangle.
Using the SOH CAH TOA trigonometry ratios:
Since ∠P is opposite to side QR,
QR = opposite side = 8ft
RP = adjacent side = 3.9ft
According to TOA
Tan∠P = Opposite/Adjacent = QR/RP
Tan∠P = 8/3.9
Tan∠P = 2.05
∠P = arctan 2.051
∠P = 64°