Assuming that this company sells all that it produces, the profit function would be given by P(x) = -0.5(x - 100)² + 5,000 - 50x - 100.
<h3>What is profit?</h3>
In Economics, profit can be defined as a measure of the amount of money (revenue) that is generated when the selling price is deducted from the cost price of a good or service, which is usually provided by producers.
This ultimately implies that, all producers generally work to maximize their profits and make them as large as possible, in order to enable them break even and successful.
Mathematically, the profit function P(x) of a business firm simply refers to the revenue function R(x) minus the cost function C(x):
P(x) = R(x) - C(x)
Where:
- R(x) represents how much it takes in.
- C(x) represents how much it spends.
Substituting the given parameters into the formula, we have;
P(x) = -0.5(x - 100)² + 5,000 - (50x + 100)
P(x) = -0.5(x - 100)² + 5,000 - 50x - 100
Read more on maximized profit here: brainly.com/question/13800671
#SPJ1
Answer:
Following are the solution to this question:
Explanation:
Some of the data is missing in the question, which is defined in the attached file. Please find it.
Follows are the formula which is used in the question:
- EmployeeAnalysis Worksheet IF(C5>49,"Certified","Not Certified")
- Transactions Worksheet IF(F10="No","",0.07)
In the first condition, it checks "C5" is greater than 49 if the condition is true, it will give "Certified" otherwise, it will give "Not Certified".
In the second condition, it checks "F10" is equal to "No" if the condition is true, it will give a blank or space otherwise, it will give "0.07".
Answer:
<u>720</u> possible PIN can be generated.
Explanation:
To calculate different number of orders of digits to create password and PIN, we calculate permutation.
Permutation is a term that means the number of methods or ways in which different numbers, alphabets, characters and objects can arranged or organized. To calculate the permutation following formula will be used:
nPr = n!/(n-r)!
there P is permutation, n is number of digits that need to be organize, r is the size of subset (Number of digits a password contains)
So in question we need to calculate
P=?
where
n= 10 (0-9 means total 10 digits)
r= 3 (PIN Consist of three digits)
So by using formula
10P3 = 10!/(10-3)!
=10!/7!
= 10x9x8x7!/7!
= 10x9x8
= 720
Answer:
The QBasic Editor Screen has three parts. They are- Editor Window, Immediate Window and Output Window.
