1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
geniusboy [140]
3 years ago
8

A manufacturer has been selling hats at $8 a piece, and at this price, consumers have been buying 6000 hats per month. The manuf

acturer wishes to raise the price and estimates that for each $2 increase in the price, 500 fewer hats will be sold each month. The manufacturer can produce the hats at a cost of $4 per hat. At what price should the manufacturer sell the hats to generate the greatest profit? Explain your answer.
Mathematics
1 answer:
gtnhenbr [62]3 years ago
8 0

Answer:

$10

Step-by-step explanation:

Initial selling price per hat= $8

Number of hat sold= 6000

Revenue generated = $8*6000=$48000

Cost of producing hats = $4 per hat

Production cost = $4*6000=$24000

Profit = $48000-$24000=$24000

Increasing the price per hat by $2

Selling price per hat = $2+$8=$10

Number of hats sold are 500 fewer = 6000-500= 5500 hats

Revenue generated = $10*5500 = $55000

Cost of production is the same , where $4 per hat = $4*5500 =$22000

Profit generated = $55000-$22000 =$33000

This means at a price of $10 per hat , selling 500 fewer hats, the manufacture still makes a profit of $33000 which is $9000 more. It will be reasonable to hat at $10 because the profit will increase.

You might be interested in
In a certain​ four-engine vintage​ aircraft, now quite​ unreliable, each engine has a 15​% chance of failure on any​ flight, as
Romashka [77]

Answer:

0.0975 or 9.75%

Step-by-step explanation:

Assuming that no engines fail simultaneously, the probability that exactly one engine fails is the probability that the first engine fails (15%) multiplied by the probability that the second engine does not fail (100% - 35%):

P = 0.15*(1-0.35)\\P=0.0975

The probability of exactly one engine failure is 0.0975 or 9.75%

8 0
3 years ago
Please help!
Marysya12 [62]
Thank you for posting your math question here at brainly. Among the choices provided the equation can used to find how many hours Melania worked in both jobs is letter B which is "13c + 9.25(38 – c) = 434" I hope it helps. 
7 0
3 years ago
Read 2 more answers
Find the x-coordinates of any relative extrema and inflection point(s) for the function f(x)= 6x^1/3 + 3x^4/3. You must justify
irina [24]

Answer:

x-coordinates of relative extrema = \frac{-1}{2}

x-coordinates of the inflexion points are 0, 1

Step-by-step explanation:

f(x)=6x^{\frac{1}{3}}+3x^{\frac{4}{3}}

Differentiate with respect to x

f'(x)=6\left ( \frac{1}{3} \right )x^{\frac{-2}{3}}+3\left ( \frac{4}{3} \right )x^{\frac{1}{3}}=\frac{2}{x^{\frac{2}{3}}}+4x^{\frac{1}{3}}

f'(x)=0\Rightarrow \frac{2}{x^{\frac{2}{3}}}+4x^{\frac{1}{3}}=0\Rightarrow x=\frac{-1}{2}

Differentiate f'(x) with respect to x

f''(x)=2\left ( \frac{-2}{3} \right )x^{\frac{-5}{3}}+\frac{4}{3}x^{\frac{-2}{3}}=\frac{-4x^{\frac{2}{3}}+4x^{\frac{5}{3}}}{3x^{\frac{2}{3}}x^{\frac{5}{3}}}\\f''(x)=0\Rightarrow \frac{-4x^{\frac{2}{3}}+4x^{\frac{5}{3}}}{3x^{\frac{2}{3}}x^{\frac{5}{3}}}=0\Rightarrow x=1

At x = \frac{-1}{2},

f''\left ( \frac{-1}{2} \right )=\frac{4\left ( -1+4\left ( \frac{-1}{2} \right ) \right )}{3\left ( \frac{-1}{2} \right )^{\frac{5}{3}}}>0

We know that if f''(a)>0 then x = a is a point of minima.

So, x=\frac{-1}{2} is a point of minima.

For inflexion points:

Inflexion points are the points at which f''(x) = 0 or f''(x) is not defined.

So, x-coordinates of the inflexion points are 0, 1

7 0
3 years ago
PLZ ANSWER QUICK-MATH TRIG
IRISSAK [1]

Answer:

FG = 9.7ft

Step-by-step explanation:

Find the diagram in the attachment.

The diagram is a right angled triangle since one of its angle is 90°

Using SOH CAH TOA to calculate the length FG which is the hypotenuse.

According to SOH

Sin∠G = Opposite/Hypotenuse

To get the ∠G,

∠F+∠H+∠G = 180°

18°+90°+∠G = 180°

∠G = 180°-108°

∠G = 72°

Sin72° = 9.2/FG

FG = 9.2/sin72°

FG = 9.67feet

FG = 9.7ft (to the nearest tenth of a foot)

7 0
3 years ago
Help me what to write a word phrase for each algebraic expression. Please help.
andrezito [222]
#1:  The sum of q and 5 
#2:  Twelve times x

Please do as many as you can by yourself and ask questions about those that are hard for you.  

3 0
3 years ago
Other questions:
  • Which expressions have a value of –23?
    6·2 answers
  • Solve for L. p=2L+2w
    5·2 answers
  • Which expression is equivalent to 4(3−6x)+x ?
    15·2 answers
  • A vendor sold 64 hotdogs during a football game. If the ratio to hotdogs to hamburgers sold 8:1, how many hamburgers did the ven
    13·1 answer
  • Crunch Bunch cereal boxes come in two sizes. The mini cereal box of Crunch Bunch is a reduction of the standard box. A standard
    8·2 answers
  • In the football game, a penalty of –15 yards was applied to a gain of 43 yards. What was the net gain?
    12·2 answers
  • “24 hours per day” translate the algebraic expression
    15·1 answer
  • Im doing math and i need help in this question
    13·1 answer
  • Select all the equations that have 9 as a solution.
    12·2 answers
  • Liz and Larry are arguing over who makes better chocolate chip cookies. Liz likes to use 3 cups of brown sugar for every 8 cups
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!