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4 years ago

Select the correct answer.

Business

1 answer:

aleksley [76]4 years ago

6 0

Answer:

A. $1,737.82

Explanation:

Profit: revenue - cost

$P = 700x -11.3x^2 - (8,068-34.25x)\\P = -11.3x^2 + 665.75x -8,068\\$

As this is a quadrcit formula we find the max profit as the vertex of the function:

-b/2a = -665.75/(2(-11.3)) = -665.75/-22.6 = 29.46

At this level the profit formula find the vertex thus, maximum point

$P = -11.3(29.46)^2 + 665.75(29.46) -8,068\\$

1737.81992

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Answer:

A. revenues earned and expenses incurred in generating those revenues should be reported in the same income statement.

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3 years ago

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3 years ago

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dimaraw [331]

Answer:

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