Answer:
b
Step-by-step explanation:
Answer step-by-step explanation:
We know that the critical t value for a 98% confidence level for a sample of size n = 18:
Finding degrees of freedom (n-1) = 17
-search the information in table t for 0.98 and find that t = 2.567
A) Demand function
price (x) demand (D(x))
4 540
3.50 810
D - 540 810 - 540
----------- = -----------------
x - 4 3.50 - 4
D - 540
----------- = - 540
x - 4
D - 540 = - 540(x - 4)
D = -540x + 2160 + 540
D = 2700 - 540x
D(x) = 2700 - 540x
Revenue function, R(x)
R(x) = price * demand = x * D(x)
R(x) = x* (2700 - 540x) = 2700x - 540x^2
b) Profit, P(x)
profit = revenue - cost
P(x) = R(x) - 30
P(x) = [2700x - 540x^2] - 30
P(x) = 2700x - 540x^2 - 30
Largest possible profit => vertex of the parabola
vertex of 2700x - 540x^2 - 30
When you calculate the vertex you find x = 5 /2
=> P(x) = 3345
Answer: you should charge a log-on fee of $2.5 to have the largest profit, which is $3345.
Since, each side of the fence should have the 1 3/4 feet wide decorative piece, the width of the fence should be subtracted by 2 pieces (1 3/4 feet)
= 26.5 feet
Then, divide the remaining width by 4.5 feet and the answer is 5.88. Thus, approximately 5 pieces of the 4 1/2 feet should be installed.
Answer:
180
Step-by-step explanation:
Base x Height
So 9 x 20 to get 180