Answer: I have the pictures attached
Step-by-step explanation:
In order to graph this, we have to get it into this equation: y = mx + b, where m = slope and b = y intercept.
y = 3/2x - 4 is already in this form.
2y + 4 = 2 + 3x is not, so we have to isolate y
2y + 4 - 4 = 2 + 3x - 4
2y = -2 + 3x
2y/2 = -2/2 + 3x/2
y = -1 + 3/2x
y = 3/2x - 1
Okay, now graph it knowing your y intercepts and your slopes.
Answer:
Maximum revenue = $8000
The price that will guarantee the maximum revenue is $40
Step-by-step explanation:
Given that:
Price of product = $35
Total sale of items = 225
For every dollar increase in the price, the number of items sold will decrease by 5.
The total cost of item sold = 225 ×35
The total cost of item sold = 7875
If c should be the dollar unit in price increment;
Therefore; the cost function is :
For maximum revenue;
0+225-35× 5 -10c = 0
225 - 175 =10c
50 = 10c
c = 50/10
c = 5
Maximum revenue =
Maximum revenue =
Maximum revenue = (35 + 5)(225-25)
Maximum revenue = (40 )(200)
Maximum revenue = $8000
The price that will guarantee the maximum revenue is :
=(35 +c)
= 35 + 5
= $40