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nika2105 [10]
3 years ago
10

Suppose that Bob leaves a job that pays $100,000 per year in order to open a new sponge business. His insurance cost is $8,000,

his material cost is $15,000, his lease payments are $8,000 and his sales revenue is $120,000. Bob's economic profit is:
Mathematics
1 answer:
tensa zangetsu [6.8K]3 years ago
5 0

Answer:

-$11,000 is the economic profit or we can say it is a loss.

Step-by-step explanation:

The job paid Bob = $100000

The insurance cost is = $8,000

The material cost is = $15,000

The lease payments are = $8,000

The sales revenue is $120,000.

So, Bob's economic profit is: 120000-100000-8000-15000-8000=-11000

Therefore, his economic profit is -$11000.

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If y varies directly as x, and y is 48 when x is 6, which expression can be used to find the value of y when x is 2?
sertanlavr [38]

y = ( 48 *2 ) / 6

Step-by-step explanation:

If y varies directly as x they are directly proportional, which means they relate to each other in the same way....

2 : y = 6: 48

what is y if x = 2?

The value of y can be found if you write it a two fracrions

2 : y = 6 : 48

2 / y = 6 / 48

cross multiply the fractions gives

6*y = 48 *2

divide left and right of the = sign by 6 gives the answer:

y = ( 48 *2 ) / 6

(if you solve it you get y = 12 but that was not the question).

Other method:

multiply left and right of the = sign by y

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6y / 48 = 2 * 1

multiply left and right of the = sign by 48

6y * 48/48 = ( 48 *2 )

6y = ( 48 *2 )

divide left and right of the = sign by 6

6/6* y = ( 48 *2 )/6

y = ( 48 *2 ) / 6

(if you solve it you get y = 12 but that was not the question).

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3 years ago
Y=2x-1 and y=x-8 using substitution​
Vitek1552 [10]

Answer:

Step-by-step explanation:

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Substitute x value in equation (i)

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Answer:

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Step-by-step explanation:

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