A. Total Revenue (R) is equal to price per dive (P) multiplied by number of customers (C). We can write 
.
Per price increase is $20. So four price increase is $
. Hence, price per dive is 100+80=$180.
Also per price increase, 2 customers are reduced from 30. For 4 price increases, 
customers are reduced. Hence, total customers is 
.
So Total Revenue is:
B. Each price increase is 20. So x price increase is 20x. Hence, new price per dive would be equal to the sum of 100 and 20x.
Also per price increase, customers decrease by 2. So per x price increases, the customer decrease is 2x. Hence, new number of customers is the difference of 30 and 2x.
Therefor we can write the quadratic equation for total revenue as the new price times the new number of customers.
C. We are looking for the point (x) at which the equation modeled in part (B) gives a maximum value of revenue (y). That x value is given as 
, where a is the coefficient of 
and b is the coefficient of x. So we have,
That means, the greatest revenue is achieved after 5 price increases. Each price increase was 20, so 5 price increase would be 
. So the price that gives the greatest revenue is 
.
ANSWERS:
A. $3960
B. 
C. $200
Answer:
Determine if the sequence is arithmetic (Do you add, or subtract, the same amount from one term to the next?)
Find the common difference.
Step-by-step explanation:
Answer:
(0, 3)
Step-by-step explanation:
The y-intercept of any function can generally be defined as: 
, since the y-intercept is when the function crosses the y-axis.
Anywhere on the y-axis, the x-value = 0, so the x value of the y-intercept will always be 0, and the y value is f(0), since x=0.
By looking at the graph it appears to intercept the y-axis at (0, 3) which should be the answer
The ratio here is
3/4 cup milk 6 cups milk
-------------------- Now equate this to -----------------
1 beaten egg x
Solving this equation, (3/4)x = 6, and x = 8 (eggs) (answer)
Check: Note that 3/4 / 1 = 6 / 8
Answer:
d. 0.0948 ± 4.032(0.0279)
Step-by-step explanation:
A 99% confidence interval for the coefficient of promotional expenditures is, First, compute the t critical value then find confidence interval.
The t critical value for the 99% confidence interval is,
The sample size is small and two-tailed test. Look in the column headed es = 0.01 and the row headed in the t distribution table by using degree of freedom is here
for (n-2=5) degree of freedom and 99% confidence ; critical t =4.032
therefore 99% confidence interval for the slope =estimated slope -/+ t*Std error
= 0.094781123 -/+ 4.032* 0.027926367 = -0.017822 to 0.207384
