I had $3.00.

sammy [17]

The lower square root would be 4.2

7 0

3 years ago

A company distributes college logo sweatshirts and sells them for $50 each. The total cost function is linear, and the total cos

mart [117]

Answer:

The total revenue equation is TR=50Q

The total cost equation TC=2304+14Q

Equilibrium quantity is 64

Step-by-step explanation:

The total cost function can be written TC=a+bQ, where TC is the total cost ,a fixed cost ,b is the variable cost per unit and Q the quantity produced

Revenue function can be given TR=P*Q, where TR is total revenue,P is the price per unit and Q quantity sold

since P is $50

TR=50P

when TC=$3564,

3564=a+90Q equation 1

when TC=$5944

5944=a+260bequation 2

Solving simultaneously,we subtract equation 1 from 2

5944=a+260b

3564=a+90b

2380=170b

b=2380/170

b=$14

We substitute for b in any of the equations

3564=a+(14*90)

3564=a+1260

a=3564-1260

a=2304

Hence the total cost equation is

TC=2304+14Q

At equilibrium TC =TR

50P=2304+14Q

50P-14Q=2304

36Q=2304

Q=64

5 0

3 years ago

61.7 is what percent of 64? Round to the nearest thousandth.

scoundrel [369]

Answer:

96.406%

Step-by-step explanation:

(61.7 ÷ 64) x 100 = 96.40625 = 96.406% (nearest hundredth)

8 0

3 years ago

The Institute of Education Sciences measures the high school dropout rate as the percentage of 16- through 24-year-olds who are

USPshnik [31]

The appropriate hypothesis which is used to test the dropout rate are $H_{0}:p > =0.081\\$ and $H_{1}: p < 0.081$ .

Given Drop out rate through 24 year old who are not enrolled is 8.1%, sample size=1000 and we have to find the hypothesis to test the drop out rate of the school.

The variable which needs to be studied is X=Number of individuals with age between 16 and 24 years old that are high school dropouts.

The parameter of interest is the proportion to high school drop outs is p.

Sample proportion= $p^{1}$ =0.065

The hypothesis can be formed as under:

$H_{0}:p > =0.081$ (null hypothesis)

$H_{1}:p < 0.081$ ( alternate hypothesis)

Null hypothesis is a hypothesis which is tested for its validity and alternate hypothesis is hypothesis which is opposite of null hypothesis means if null hypothesis is rejected then the alternate hypothesis will be true.

$Z_{H_{0} }=(p^{1}-p)/\sqrt{p*(1-p)/n}$

= $0.065-0.081/\sqrt{(0.081*0.0919)/1000}$

=-1.85

Hence the appropriate hypothesis are $H_{0}:p > =0.081$ and $H_{1}:p < 0.081$ .

Learn more about hypothesis at brainly.com/question/11555274

#SPJ4

4 0

2 years ago

Can someone help me with this?

yulyashka [42]

Answer:

Step-by-step explanation:

We need to find the error first.

We can do this by subtracting, to find the difference

2.4-1.9 = 0.5

the difference, or error, is 0.5

Now we find a percentage that describes how much more 2.4 is than 1.9

We can create an equation to solve this

2.4 = 1.9 Times x

Now we need to find the value of x

x= 1.2632

now we double check

1.9 Times 1.2632 = 2.4

Now we round to a whole number

1.2632 = 1

To convert a number to a percentage, you need to bring the number over a decimal point.

so 1 becomes .1, or 10 percent

4 0

2 years ago