Answer:
12 ; 12 dollars
Step-by-step explanation:
Data provided in the question:
Revenue function, R = 12x
R is in dollars
Now,
The slope can be found out by differentiating the above revenue function w.r.t 'x'
thus,
=
or
slope = 12
Now, for the second case of selling one more unit i.e x = 1, the revenue can be obtained by substituting x = 1 in revenue function
therefore,
R = 12 × 1 = 12 dollars
Answer:
12.5%
Step-by-step explanation:
= 12.5%
Percentage of total cost that is the payments= 12.5%
Step-by-step explanation:
The initial population of town of Madison = 25,000
The rate at which the population is increasing = 1.12 times
So, the increase in population first year :
( the initial population) x = 1.12 x ( 25,000)
= 28,000
So, the population at the end of first year = 28,000
Similarly, the increase in population second year :
( the initial population) x (1.12)² = ( 25,000) x (1.12)²
= 31,360
So, the population at the end of second year =31,360
Now, to calculate the population in t years from now:
The population P(t) at the end of year t is