Answer: R(x) = 0.25x + 500
Flat fee is computed by:
The sales price of each tile is 0.25 and the customer only bought 10,000 tiles.
So, $0.25 x 10,000 = $2500
So the total sales price per tile sold was $2,500.
The buyer paid $3,000, so the flat fee was included there.
So, $3,000 - $2,500 = $500
So the flat fee was $500.
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The revenue function is the total income from producing the units. And it has a equation of: R(x) = price per unit x number of units sold plus any fee that is included
So the function describing the revenue of the tile from this sale is:
R(x) = 0.25x + 500
Answer:
-3
Step-by-step explanation:
Sum of a finite geometric series=a(r^(n) -1)/(r -1)
or
sum of a finite geometric series=a(1 - r^(n))/(1 - r)
the Smiths would spend a total of $2928.2 on clothing in 4 years
Answer:
answer is the 2nd one
Step-by-step explanation:
y = 1/3(3) - 1 = 1 - 1 = 0 (3,0)
y = 1/3(0) - 1 = 0 - 1 = -1 (0, -1)
y= 1/3(6) - 1 = 2 - 1 = 1 (6, 1)
To find markup price, multiply the original number (455) by 1 + the decimal equivilent of the percent increase (.34)
so
455*1.34= $609.70