It will be at point (5,5)
Answer:
1369
Step-by-step explanation:
3.7 x 10 = 37 x 37 = 1369
This is how you do it hope this helps.
Answer:
See below
Step-by-step explanation:
9 x 1/8 = 1.125
10 x 1/8 = 1.25
9 1/2 x 1/8 = 1.1875
12 x 1/8 = 1.5
8 1/2 x 1/8 = 0.5
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Answer:
The correct answer is NO. The best price to be charged is $3.75
Step-by-step explanation:
Demand equation is given by Q = 30 - 4P, where Q is the quantity of necklaces demanded and P is the price of the necklace.
⇒ 4P = 30 - Q
⇒ P = 
The current price of the necklace $10.
Revenue function is given by R = P × Q =
× ( 30Q -
)
To maximize the revenue function we differentiate the function with respect to Q and equate it to zero.
=
× ( 30 - 2Q) = 0
⇒ Q = 15.
The second order derivative is negative showing that the value of Q is maximum.
Therefore P at Q = 15 is $3.75.
Thus to maximize revenue the price should be $3.75.