The price at which revenue is maximized is $ 157, and maximum annual revenue is $ 6751.
Since at HD Sport & Fitness gym, analysis shows that, as the demand of the gym, the number of members is 83 when annual membership fee is $ 17 per member and the number of members is 81 when annual membership fee is $ 24 per member, and the number of members and membership fee have a linear relationship, to determine at what membership price is the maximized revenue, and what is the maximum annual revenue, the following calculations must be performed:
- 17 x 83 = 1411
- 24 x 81 = 1944
- 31 x 79 = 2449
- 38 x 77 = 2926
- 66 x 69 = 4554
- 73 x 67 = 4891
- 80 x 65 = 5200
- 94 x 61 = 5734
- 101 x 59 = 5959
- 122 x 53 = 6466
- 129 x 51 = 6579
- 150 x 45 = 6750
- 157 x 43 = 6751
- 164 x 41 = 6724
Therefore, the price at which revenue is maximized is $ 157, and maximum annual revenue is $ 6751.
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Step-by-step explanation:
The coefficients are 4, 5 and 7
There is no constant
The second one is right
The question is wrongly placed under Mathematics which supposedly be under Biology. It talks about genetics. The answer for the question is letter D. There are 4 phenotypes, A, B, O, AB.
The lower quartile is the 25th percentile.
