Answer:

Step-by-step explanation:
Given



Required
Determine 
From laws of probability, we have:

Substitute in values


Hence,
<em> is calculated to be 0.557</em>
4.5% of 545 is 24.525, rounding to the nearest thousandth 24.53. (545 + 24.53 = $569.53
Answer:
b=60
Step-by-step explanation:
6+4/5b=9/10b
-4/5b -4/5b
6=1/10b
divide both sides by 1/10
b=60
Answer:
The maximum revenue is 16000 dollars (at p = 40)
Step-by-step explanation:
One way to find the maximum value is derivatives. The first derivative is used to find where the slope of function will be zero.
Given function is:

Taking derivative wrt p

Now putting R'(p) = 0

As p is is positive and the second derivative is -20, the function will have maximum value at p = 40
Putting p=40 in function

The maximum revenue is 16000 dollars (at p = 40)
Divide each side by 2 1/4 to get x by itself. The answer is -24 < x and the sign didn't change because we didn't divide by a negative.