Answer:
3:7 or 3/7
Step-by-step explanation:
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Answer:
3(5 +6) = <em>33</em>
Step-by-step explanation:
3(5+6)
so first you multiply 3 by 5
which is 15
then you multiply 3 by 6
which is 18
and that remains as 15+18
which in total equals <em>33</em>
Answer:
<h2>Revenue will decrease</h2>
Step-by-step explanation:
Note: the question did not provide the quantity to work with, so we will assume some values, say quantity Q= 30
Generally, it is normal for the revenue to decrease when the price of a commodity increase, this is so that buyer will have to react to adjust to the change in price.
When price increase from $50 to $60, the total revenue will decrease
let say the quantity Q1=30 , and the new quantity after price increase is Q2=20
1. The revenue PxQ before price change will be
PxQ= P1xQ1=50*30
PxQ= $1500
1. The revenue PxQ after price change will be
PxQ=P2xQ2= 60*20
P2xQ2= $1200
This clearly shows that based on the assumed data, the total revenue will drop from1500 to 1200, a total of $300 in a decrease
Are the problems separated?
