Divide £132 in the ratio 3:8
1 answer:
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9514 1404 393
Answer:
B: L, M, N
Step-by-step explanation:
The sides are listed from shortest to longest. The angles opposite these sides will be in order smallest to largest. The name of the opposite angle is the vertex whose name is missing from the side's name.
MN is opposite angle L, the smallest
LN is opposite angle M, the middle-size
LM is opposite angle N, the largest.
Smallest to largest, the angles are ∠L, ∠M, ∠N.
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