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maria [59]
3 years ago
13

The dollar price for a barrel of oil sold at a certain oil refinery tends to follow the demand equation below, where x is the nu

mber of barrels of oil on hand (in millions). ​
(Each question is individual. NOT MULTIPLE CHOICE.)
a) How much should be charged for a barrel of oil if there are 9 million barrels on ​ hand?
​b) What quantity x will maximize​ revenue? ​
c) What price should be charged in order to maximize​ revenue?

p = - 1/10 x + 74
Mathematics
1 answer:
PSYCHO15rus [73]3 years ago
4 0
<span>p= -1/10x+74
</span><span>we can write this as
p = -.10x + 74
</span><span>a) How much should be charged for a barrel of oil if there are 9 million barrels on ​ hand?
</span>p = -.10(9) + 74=73.1 a barrel
<span>​b) What quantity x will maximize​ revenue?
</span><span>r(x) = x(-.10x + 74)
r(x) = -.10x^2 + 74x
</span><span>Find the axis of symmetry of this equation x = -b/(2a)
</span>x = -74/(2*(-0.10))=370<span>x = 370 million barrels

</span><span>c) What price should be charged in order to maximize​ revenue?
</span><span>p = -.10(370) + 74
p = -37 + 74
p = $37 a barrel</span>
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Step-by-step explanation:

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4y>-3x+20

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Solve the equation for x, where x is a real number (5 points): <br> -2x^2 + 5x - 10 = 3
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Subtract 3 from both sides so that the equation becomes -2x^2 + 5x - 13 = 0.
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3 0
3 years ago
An economist for a sporting goods company estimates the revenue and cost functions for the production of a new snowboard. These
Vladimir79 [104]

Answer:

Between 1000 and 5000 snowboards will make the function AP(x) >0.

Step-by-step explanation:

Since x can only take possitive values, we have that AP(x) = P(x)/x > 0 if and only if P(x) > 0.

In order to find when P(x) > 0, we find the values from where it is 0 and then we use the Bolzano Theorem.

P(x) = R(x) - C(x) = -x²+10x - (4x+5) = -x²+6x - 5. the roots of P can be found using the quadratic formula:

r_1,r_2 = \frac{-6 ^+_- \sqrt{6^2-4*(-1)*(-5)} }{2*(-1)} = \frac{-6^+_-\sqrt{16}}{-2} = \{1, 5\}

Therefore, P(1) = P(5) = 0. Lets find intermediate values to apply Bolzano Theorem:

  • P(0) = -5 < 0 ( P is negative in (-∞ , 1) )
  • P(2) = -4+6*2-5 = 3 > 0 (P is positive in (1,5) )
  • P(6) = -36+36-5 = -5 < 0 (P is negative in (5, +∞) )

The production levels that make AP(x) >0 are between 1000 and 5000 snowboards (because we take x by thousands)

5 0
3 years ago
The graph represents two complex numbers, z1 and z2, as solid line vectors. Which points represent their complex conjugates?
REY [17]

Point <em>A</em> represents the complex conjugate z₁ and point L represents the complex conjugate of z₂ respectively

The complex conjugate of a complex number is a complex number that having equal magnitude in the real and imaginary part as the complex number to which it is a conjugate, but the imaginary part of the complex conjugate has an opposite sign to the original complex number

Therefore, graphically, the complex conjugate is a reflection of the original complex number across the x-axis because the transformation for a reflection of the point (x, y) across the x-axis is given as follows;

Preimage (x, y) reflected across the <em>x</em> axis give the image (x, -y)

Where in a complex number, we have;

x = The real part

y = The imaginary part

The reflection of z₁ across the x-axis gives the point <em>A</em>, while the reflection of z₂ across the x-axis gives the point <em>L</em>

Therefore;

Point <em>A</em> represents the complex conjugate z₁ and point L represents the complex conjugate of z₂

Learn more about complex numbers here;

brainly.com/question/20365080

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