We have (q,p)=(390,4000) and (430,8000).
Linear function.
p=mq+b
390=4000m+b...........(1)
430=8000m+b...........(2)
(2)-(1)
40=4000m => m=0.01
substitute in (1)
390=4000(0.01)+b
=> b=390-40=350
Equation is therefore
price=0.01(quantity)+350
Answer:
10%
The investor will be credited with the interest at the rate of 10%.
Explanation:
Cap on interest rate which is going to be credited = 10%
Participation=80%
Increase in reference index = 15%
As the participation rate is 80% so the investor can credit the amount of 80% * 0.15= 12% (15% of 80%) but as it is given in the question, the cap of 10% is put on the interest rate credited so the investor will be credited with the interest at the rate of 10%.
The correct answer is complex sentence.
A complex sentence is the one which consists of one independent clause and at least one dependent clause. An independent clause can stand on its own (in this sentence, the independent clause is - he lost his house and car), and a dependent one cannot because it is incomplete (in this sentence, the dependent clauses are - because Karl spent more money AND than he earned).
Answer:
The answer is ' a profit of $14 million
Explanation:
Revenue = $24 million
Total expenses = $10 million
Profit(loss) = Revenue minus total expenses
$24 million - $10 million
Profit = $14 million.
It is a profit because revenue is greater than total expenses. Adventure Enterprises will report a loss if reported total expenses was greater than reported revenue