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Zanzabum
3 years ago
15

For each customer, a bakery charges p dollars for the first loaf of bread bought by the customer and charges q dollars for each

additional loaf bought by the customer. What is the value of p ?
(1) A customer who buys 2 loaves is charged 10 percent less per loaf than a customer who buys a single loaf.
(2) A customer who buys 6 loaves of bread is charged 10 dollars.
Business
1 answer:
spayn [35]3 years ago
7 0

Answer:

p = $2

q = $1.6

Explanation:

If a customer buys 2 loaves he will pay p for the first and q for the second

p + q

if a customer buys a single loaf he pays p

10% less of p is expressed as

p - 0.1p

1. A customer who buys 2 loaves is charged 10% less per loaf (this means average) than a customer who buys a single loaf is expressed as

(p+q)/2 = (p - 0.1p)

(p+q)/2 = 0.9p

(p + q) = 1.8p (cross multiply so that 2*0.9)

q = 1.8p - p

q= 0.8p    (equation 1)

2. If a customer buys 6 loaves of bread he will pay p for the first loaf and q for each of the remaining 5 so that

p + 5q = $10 (equation 2)

Now put substitute equation 1 into 2

p + 5(0.8p) = $10

p + 4p = 10 (add)

5p = 10

p = 2 (after dividing both sides by 5)

Now put p=2 into equation 1

q = 0.8(2)

q = 1.6

Thus p is $2

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Answer:

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Explanation:

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8 0
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A country has two main products: hats and grapes. The country decides to start making more and more hats and fewer and fewer gra
Dmitriy789 [7]

Answer:

Because as more hats are produced less grapes can be produced.

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There are two commodities that can be produced by the country- hats and grapes.

If the country decides to increase production of hats, it has to reduce the quantity of hats that can be produced, therefore the opportunity cost increases.

Explanation:

For example, let assume a country can produce 30 grapes and 30 hats. If it decides to increase the amount of hats produced to 40, only 20 grapes can be produced. If it decides to increase to 50 hats only 10 grapes would be produced and if it decides to produce 60 hats, no grapes would be produced.

It can be seen that opportunity cost increases as more hats are produced

I hope my answer helps you

8 0
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astraxan [27]

Answer:

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In order to calculate the Beta of Portfolio AC we would have to make the following calculation of the following formula according to the given data:

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Tasya [4]
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which of the following is not true about the allowance for doubtful accounts? It is used instead of reducing accounts receivable
Amanda [17]

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