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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The sum of the angle measures in a dodecagon is 1,800 degrees
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Wait what? there’s no pic
There is 6 regular packs and 6 value packs so add those (6+6=12). Divide 12 by 2 (because there's 2 socks in a pair) and get 6. Then divide 402 by 6 and get 67 pairs. Do the same for the second location.
Answer:
-4x + 12 = 20 is incorrect. she added 12 to 20 instead of subtracting 12 from both sides.
Step-by-step explanation:
It should have been, write problem
-4(x - 3) = 20
Use distributive property.
-4x + 12 = 20
subtract 12 from each side
-4x =8
divide each side by -4
x = -2
