Answer:
The answer is $150
Explanation:
Change in Total Revenue = Total Revenue – Revenue figure before the additional unit was sold
Marginal revenue = (11*700) - (10*701)= <u>$150</u>
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The fewest number of hours from the graph is 73 hours.
<h3>Equation</h3>
Equation is an expression used to show the relationship between two or more numbers and variables.
Let x represent the number of $10 course and y represent the number of $15 course.
Her goal is to save at least $1000, hence:
Also:
The fewest number is (20, 53)
The fewest number of hours from the graph is 73 hours.
Find out more on equation at: brainly.com/question/2972832
Answer:
0.811% per month is the amximum rate it can affor
or 9.732% annual rate with monhly compounding.
Explanation:
We have to solve for the rate at which the monthly payment equals 900 dollars.
C 900.00
time 240
rate r
PV $95,000.0000
Given the complexity of the formula we solve using excel or a financial calcualtor
we write on a1 =PV(A2;240;95000)
on a2 we write any number between 0 and 1
then we use goal seek tool adn define that we want A1 to be 95,000 by changing A2 (which is the argument for rate)
the value of A2 after this is our answer:
PV $95,000.0000