What's the answer to #9
2 answers:
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Answer:
A)The required linear demand equation ( q ) = -4500p + 41500
B) $4.61
$95680.55
C) No it would not have been possible by charging a suitable price
Step-by-step explanation:
<u>A) find the linear demand equation</u>
given two points ; ( 3, 28000 ) and ( 5, 19000 )
slope ( m ) = ( y2 - y1 ) / ( x2 - x1 )
= ( 19000 - 28000 ) / ( 5 - 3 ) = -4500
slope intercept is represented as ; y = mx + b
where y( 28000) = -4500(3) + b
hence b = 41500
hence ; y = -4500x + 41500
The required linear demand equation ( q ) = -4500p + 41500 ----- ( 1 )
p = price per ride
<u>B ) Determine the price the company should charge to maximize revenue from ridership and corresponding daily revenue</u>
Total revenue ( R ) = qp
= p ( -4500p + 41500 )
hence R = -4500p^2 + 41500p ------ ( 2 )
To determine the price that should maximize revenue from ridership we will equate R = -4500p^2 + 41500p to a quadratic equation R(p) = ap^2 + bp + c
where a = -4500 , b = 41500 , c = 0
hence p = =
= 4.61
$4.61 is the price the company should charge to maximize revenue from ridership
corresponding daily revenue = R = -4500p^2 + 41500 p
where p = $4.61
hence R = -4500(4.61 )^2 + 41500(4.61) = $95680.55
C) No it would not have been possible by charging a suitable price
Answer:
<u>Part 1)</u> Option a. TZY
<u>Part 2)</u> Option c. YZX
Step-by-step explanation:
The question is as following and see the attached figure
The minor arc measures of circle Z are shown in the figure.
Use the drop-down menus to complete each statement.
1) Angle UZT is congruent to angle _____
2) Angle VZW is congruent to angle____
Answer choices
1) a. TZY, b. XZW, c. VZW
2) a. UZV, b. TZY, c. YZX
===============================================
Solution:
<u>Part 1)</u> Angle UZT is congruent to angle______
From the attached figure, we can deduce that:
∠UZT = 54°
∠TZY = 54°
So,
∠TZY = ∠UZT ⇒ both angles are congruent.
<u>1. Angle UZT is congruent to angle TZY</u>
===========================================
<u>Part 2)</u> Angle VZW is congruent to angle_____
From the attached figure, we can deduce that:
∠VZW = 71°
∠YZX = 71°
So,
∠YZX = ∠VZW ⇒ both angles are congruent
<u>2. Angle VZW is congruent to angle YZX </u>
