Answer:
a. C(x) = 24,000 + 100x
b. R(x) = 200x
c. Break-even point is 240 canoes
Step-by-step explanation:
a. Cost function is C(x) = FC + pcost * x
C(x) = 24,000 + 100x
Where
FC=Fixed cost = 24,000
pcost=costs to prod canoes = $100
x=produce quantity
b.Revenue function
R(x) = Px * x
R(x) = 200x
Where
Px=Price
x=produce quantity
c. Break-even point is the amount of canoes where revenue are the same as cost. We cover the total cost with the sales.
So, FC + pcost * x=Px * x
24,000 + 100x=200x
Isolating x
24,000 =200x- 100x
100x=24000
x=24,000/100
x=240
Answer:
The expected value of this game is -$0.26.
Step-by-step explanation:
Expected value:
Each possible earning/loss multiplied by it's probability.
Probability:
Number of desired outcomes divided by the number of total outcomes.
In this question, the order in which the numbers are chosen is not important. So we use the combinations formula to solve.
Combinations formula:
is the number of different combinations of x objects from a set of n elements, given by the following formula.
Probability of winning:
Desired outcomes:
The 6 correct numbers, so 
Total outcomes:
6 numbers from a set of 21. So
Probability:
Expected value
probability of earning 40,000.
probability of losing 1. So
The expected value of this game is -$0.26.
The common ratio is 24 x 2 = 88 x 2 = 1616 x 2 =32
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Thanks
A and d seem correct to me.
b and c are definitely wrong.
Answer:
The solution in the attached figure
One possible solution is the point (30,60)
Step-by-step explanation:
Let
x -----> represents the number of tacos sold
y -----> represents the number of burritos sold
we know that
------> inequality A
-----> inequality B
using a graphing tool
The solution is the triangular shaded area
see the attached figure
One possible solution is the point (30,60)
Remember that if a ordered pair is a solution of the system of inequalities, then the ordered pair must lie on the shaded area of the solution
so
That means----> The number of tacos sold is 30 and the number of burritos sold
Verify
Substitute the value of x and the value of y in each inequality
Inequality A
----> is true
Inequality B
----> is true
The ordered pair satisfy both inequalities, then the ordered pair is a solution of the system
Read more on Brainly.com - brainly.com/question/13301815#readmore
Step-by-step explanation:
