Answer:
Profit maximising price = 48
Explanation:
Total Cost : C (x) = 8x + 3
Demand Curve : p (x) = 88 − 2x
Total Revenue = p (x). x = x (88 - 2x) = 88x - 2x^2
Profit maximisation is where Marginal Cost (MC) = Marginal Revenue (MR)
MC = d TC / d Q = d (8x + 3) / d x = 8
MR = d TR / d Q = d (88x - 2x^2) / d x = 88 - 4x
Equating MR & MC ,
88 - 4x = 8 , 88 - 8 = 4x
x = 80 / 4 , x = 20
Putting value in demand curve,
p = 88 - 2x = 88 - 2 (20) = 88 - 40
p = 48
Answer:
Following are the responses to the given question:
Explanation:
For the First loan payment period is value:
For the second loan payment period is value:
that's why the loan will be paid off soon.
the answer is: d. The expense of selling the home when she leaves the city.
The expense of selling the home would reduce the amount of money that she eventually made after home is sold. If, the expense took too much percentage from the selling price, sasha would be better of renting her current house instead.
Using unit conversion, the price of strawberries is $0.27 per ounce.
The conversion of measurement unit is the process of converting different units of measurement for the same quantity, using the multiplicative conversion factors that change the measured quantity value without changing its effects.
Common units for weight and their shorthand are:
- Pound (lb)
- Ounce (oz)
- Kilogram (kg)
- Gram (gm)
The conversion factors:
1 lb = 16 oz = 0.45 kg = 453gm
1 oz = 0.063 lb = 0.03 kg = 28 gm
1 kg = 2.2 lb = 35 oz
1 gm = 0.001kg = 0.04 oz
Information from the problem:
The strawberries cost:
$4.32 per pound = $4.32 per 16 oz
= $4.32/16 per oz
= $0.27 per oz
Read more about unit conversion here:
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Answer:
21,000
Explanation:
Add 5,000 to your 16,000. I subtracted 1,000 from 16,000 to equal 15,000. Then, add 5,000 to your 15,000 to equal 20,000. Finally, add your 1,000 agian to equal 21,000.
