The profit of that day is (C) P = $3,000.
<h3>
What is profit?</h3>
- A profit is a difference between the revenue generated by an economic entity's outputs and the opportunity costs of its inputs.
- Total revenue minus total cost, including both explicit and implicit costs, equals total revenue.
- Unlike accounting profit, it only refers to the explicit costs that appear on a company's financial statements.
- Accounting profit is calculated by subtracting the firm's total revenue from only the firm's explicit costs.
- When analyzing a firm, an economist considers all opportunity costs, both explicit and implicit.
To find the profit of that day:
Given:
- P = 500x − 20x², where 'x' is the number of machines per day produced.
- If the company produces 10 machines in one day, that is x = 10.
By substituting x = 10 in the above equation, we get:
- P = 500 × 10 - 20 × 10²
- P = 5000 - 2000
- P = 3,000/
Therefore, the profit of that day is (C) P = $3,000.
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Yes 2 i agree with the question
Answer:
Whiskers is two-third times as heavy as piglio is.
Step-by-step explanation:
Given:
Weight of whiskers is, 
Weight of piglio is, 
In order to compare their weights, we have to divide both the weights and then express one weight in terms of the other.
Therefore, dividing whiskers weight by piglio's weight, we get:
Now, when we divide two fractions, we replace the division sign by multiplication and reverse the second fraction. This gives,
Now, expressing 'W' in terms of 'P', we multiply both sides by 'P. This gives,
Therefore, the weight of whiskers is two-third times as heavy as piglio is.
Answer:
(b) (a) (d) (a) (c)
Step-by-step explanation:
(i) The probability of an even card is 1/2 because the number of even cards and odd cards are the same so there is a 50% of getting an even card. (b)
(ii) Since the card is replaced, there is still a card for all numbers between 1-20. There are 8 prime numbers and 20 cards so the probability of getting a prime number is 8/20 or 4/10 or 2/5. (a)
(iii) The card was not replaced so there are only 19 cards and there are only 5 numbers that are multiples of 3 and greater than 4. The probability must be 5/19. (d)
(iv) A sure event means that it will happen 100%. So P(A) = 1 since the number one represents 100%. (a)
(v) All cards have replaced and there is only one number that is a multiple of 3 and 5 which is 15. 1 card out of 20 is a desired outcome so 1/20 is the probability. (c)
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